Governor Mike Rounds of SD was a luncheon speaker at the FHLB Conference in Sioux Falls. He cited the increase in ethanol production in the state, rising from 160 million gallons in 2002 to 565 million gallons in 2006 and over 1 billion gallons by 2008.
One of the items I mentioned in my talk was a study I had found that showed that SD’s biomass potential was still untapped. As the graphic shows, SD could become an oil producer on a par with some of the largest producers of OPEC.
There is a lot of potential in the rich farmland of America.