He selected Rapid City historian Eric Abrahamson as his running mate, but was overwhelmingly defeated in the general election by incumbent Republican Governor Mike Rounds.
From February 2007 to November 2008 Krebs served as press secretary for South Dakota Governor Mike Rounds.
Volesky again ran for governor of South Dakota in 2004 with his intention to be the Democratic candidate opposing Republican Mike Rounds.
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Despite the strong performance of Republicans in many of the state elections held that year, including Incumbent Republican Governor Mike Rounds's 62%-36% victory over former state Representative Jack Billion, Herseth was nevertheless reelected.