diff --git a/Bitcoin/Bitcoin_and_Oil.tex b/Bitcoin/Bitcoin_and_Oil.tex index 83bb2a4..797a04f 100644 --- a/Bitcoin/Bitcoin_and_Oil.tex +++ b/Bitcoin/Bitcoin_and_Oil.tex @@ -42,6 +42,7 @@ \section{Introduction \& Overview} \input{./Sections/Intro.tex} \input{./Sections/About_me.tex} +\input{./Sections/Other_Research.tex} \section{Background} \input{./Sections/Background.tex} \input{./Sections/Key_Questions.tex} diff --git a/Bitcoin/Sections/About_me.tex b/Bitcoin/Sections/About_me.tex index d018ace..102d68e 100644 --- a/Bitcoin/Sections/About_me.tex +++ b/Bitcoin/Sections/About_me.tex @@ -4,8 +4,9 @@ \column{.45\textwidth} % Left column and width \textbf{Experience} \begin{itemize} - \item PhD candidate in Mineral and Energy Economics at CSM - \item Petroleum Engineering B.S + \item PhD candidate in Mineral and\newline Energy Economics % at Colorado School of Mines + \item Energy and Mineral Economics, M.S. + \item Petroleum Engineering, B.S. \item Worked as a data analyst for oil companies \end{itemize} \textbf{Personal} @@ -17,31 +18,6 @@ \column{.5\textwidth} % Right column and width \includegraphics[width=\columnwidth,height=\textheight,keepaspectratio]{./img/fish.jpg} - -Cutbow caught at Rocky Mountain National park - - +Cutbow caught at Rocky Mountain National Park \end{columns} - \end{frame} -\begin{frame}{Other research} - \begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment - - \column{.45\textwidth} % Left column and width - \textbf{Previous Topics of Research} - \begin{itemize} - \item{Ground water with USDA grant\footnote{(loos et al.,2022)}} - \item{Critical materials} - \item{Wind energy (economics and engineering)} - \item{CGE and electricty grids} - \item{Instituional economics in resource management} - \end{itemize} - - \column{.5\textwidth} % Right column and width - \includegraphics[width=\columnwidth,height=\textheight,keepaspectratio]{./img/SLV_Map.png} - - - - \end{columns} - \end{frame} - diff --git a/Bitcoin/Sections/Background.tex b/Bitcoin/Sections/Background.tex index ddf654a..aec0de6 100644 --- a/Bitcoin/Sections/Background.tex +++ b/Bitcoin/Sections/Background.tex @@ -52,10 +52,10 @@ \end{itemize} \column{.5\textwidth} % Right column and width - Percentage of US Flaring by State + Percentage of U.S. Flaring by State \includegraphics[width=\columnwidth,height=\textheight,keepaspectratio]{./img/flared.jpeg} - Filler: Include heat map of US flaring + Filler: Include heat map of U.S. flaring \end{columns} diff --git a/Bitcoin/Sections/Conclusion.tex b/Bitcoin/Sections/Conclusion.tex index 2fccb32..2c27a18 100644 --- a/Bitcoin/Sections/Conclusion.tex +++ b/Bitcoin/Sections/Conclusion.tex @@ -1,11 +1,11 @@ %------------------------------------------------ \begin{frame}{Conclusion} - The market for Bitcoin can create a new co-product in oil production, acting like a subsidy. The revenue increase is senteive to the price of bitcoin but is likley to persist even if the price of bitcoin becomes drops. + The market for Bitcoin can create a new coproduct in oil production, acting like a subsidy. The revenue increase is sensitive to the price of bitcoin but is likely to persist even if the price of bitcoin drops. \newline - There is spatial variation in the size of the subsidy to oil production. The effect is predicted to shift the location of wells genreally north, to lower population and higher GOR states. + There is spatial variation in the size of the subsidy to oil production. The effect is predicted to shift the location of wells generally north, to lower population and higher GOR states. \newline -Prelminary results show that state like Wyoming could see an increase in oil production of \(\approx 1.4\%\) due to the subisdy effect, while the US has a lower average effect +Preliminary results show that states like Wyoming could see an increase in oil production of \(\approx 1.4\%\) due to the subsidy effect, while the U.S. has a lower average effect. \end{frame} diff --git a/Bitcoin/Sections/Data.tex b/Bitcoin/Sections/Data.tex index 65da25c..3ca4ebf 100644 --- a/Bitcoin/Sections/Data.tex +++ b/Bitcoin/Sections/Data.tex @@ -3,23 +3,20 @@ \begin{enumerate} \item{Enverus} \begin{itemize} - \item{U.S. Well Data} - \item{Gas Hookup Company} - \item{SPUD Date} + \item{U.S. well data} + \item{Gas hookup company} + \item{SPUD date} \end{itemize} \item{Energy Information Administrations} \begin{itemize} - \item{Population weighted coooling degree days (CDD)} + \item{Population weighted cooling degree days (CDD)} \item{Population weighted heating degree days (HDD)} \item{Storage Levels} \item{Price data} \end{itemize} \item{National Oceanic and Atmospheric Administration} \begin{itemize} - \item{Disaster Events} + \item{Disaster events} \end{itemize} - - - \end{enumerate} \end{frame} diff --git a/Bitcoin/Sections/Mechanism.tex b/Bitcoin/Sections/Mechanism.tex index 885e35a..1141a8d 100644 --- a/Bitcoin/Sections/Mechanism.tex +++ b/Bitcoin/Sections/Mechanism.tex @@ -1,11 +1,11 @@ \begin{frame}{Mechanisms} -Bitcoin miners that pay for flared gas subsidize oil produciton +Bitcoin miners that pay for flared gas subsidize oil production \newline \newline \textbf{Direct Effects} \begin{enumerate} \item{More drilling} -\item{Diffrent location of wells} +\item{Different location of wells} \item{Bitcoin Miners clean the gas} \end{enumerate} \end{frame} @@ -22,11 +22,11 @@ Bitcoin miners that pay for flared gas subsidize oil produciton \column{.5\textwidth} % Left column and width \textbf{Uncertain Outcomes} -\begin{itemize} -\item{More pollution: More wells drilled} -\item{Less pollution: Gas is cleaned} -\item{Localized beneftis: New location of wells} -\item{Localized costs: New location of wells} -\end{itemize} -\end{columns} + \begin{itemize} + \item{More pollution: More wells drilled} + \item{Less pollution: Gas is cleaned} + \item{Localized benefits: New location of wells} + \item{Localized costs: New location of wells} + \end{itemize} + \end{columns} \end{frame} diff --git a/Bitcoin/Sections/Oil_Econometrics.tex b/Bitcoin/Sections/Oil_Econometrics.tex index 58dc327..b5fbd71 100644 --- a/Bitcoin/Sections/Oil_Econometrics.tex +++ b/Bitcoin/Sections/Oil_Econometrics.tex @@ -17,9 +17,9 @@ Where \(Q_{O,b,t}\) is the net present oil produced in a basin state pair b, at time t, \(P_{WTI}\) is the West Texas Intermediate futures price, \(P_{HH}\) is the futures price of the Henry Hub spot market, \(\theta_{t}\) is a month dummy, and \(\gamma_{b,t}\) is a variable that represents the amount of monetary damage from natural disasters.\newline -\textbf{Three-stage Least Square is used, with instruments of:} +\textbf{Three-stage least square is used with instruments of:} \begin{enumerate} - \item{VAR model residuals of oil refinery volumes, and gas storage} + \item{VAR model residuals of oil refinery volumes and gas storage} \item{Regional population weighted cooling and heating degree days} \item{Sum of the standard of each instrument over the last 12 months} \end{enumerate} diff --git a/Bitcoin/Sections/Other_Research.tex b/Bitcoin/Sections/Other_Research.tex new file mode 100644 index 0000000..fbdf49b --- /dev/null +++ b/Bitcoin/Sections/Other_Research.tex @@ -0,0 +1,18 @@ +\begin{frame}{Other Research} + \begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment + \column{.45\textwidth} % Left column and width + \textbf{Previous Topics of Research} + \begin{itemize} + \item Ground water with USDA grant \newline (loos et al.,2022) % \footnote{(loos et al.,2022)} % + \item Critical materials + \item Wind energy\newline (economics and engineering) + \item CGE and electricity grids + \item Institutional economics in resource management + \end{itemize} + \column{.5\textwidth} % Right column and width +% \scalebox{.5}{\includegraphics{./img/SLV_Map.png} % scales both width and height by 0.5 + + \includegraphics[width=\columnwidth,height=\textheight,keepaspectratio]{./img/SLV_Map.png} +% \scalebox{.1}{\includegraphics{./img/SLV_Map.png}} % scales both width and height by 0.5 + \end{columns} +\end{frame} diff --git a/Bitcoin/Sections/Results.tex b/Bitcoin/Sections/Results.tex index b1955b9..4e92e95 100644 --- a/Bitcoin/Sections/Results.tex +++ b/Bitcoin/Sections/Results.tex @@ -5,7 +5,7 @@ \column{.5\textwidth} \tiny - \input{tables/reg.tex}\footnote{Year/Month fixed effects omited}\footnote{All reported values are logged}\footnote{Single stage preliminary results do not cite} + \input{tables/reg.tex}\footnote{Year/Month fixed effects omitted}\footnote{All reported values are logged}\footnote{Single stage preliminary results do not cite} \column{.5\textwidth} % Left column and width \normalsize @@ -26,7 +26,7 @@ \end{columns} \end{frame} -\begin{frame}{Intial Estimates} +\begin{frame}{Initial Estimates} \textbf{United States} \begin{itemize} @@ -36,7 +36,7 @@ \textbf{Wyoming} \begin{itemize} \item{Subsidy of 2.13\% to WTI } - \item{\(\Delta Q_{Wy}\approx 1.43\% \)\footnote{Elasticty of 0.67 (Mason et all,2017)}} + \item{\(\Delta Q_{Wy}\approx 1.43\% \)\footnote{Elasticity of 0.67 (Mason et all,2017)}} \end{itemize} \end{frame} diff --git a/Bitcoin/tables/reg.tex b/Bitcoin/tables/reg.tex index 68b3c09..ca9a39c 100644 --- a/Bitcoin/tables/reg.tex +++ b/Bitcoin/tables/reg.tex @@ -2,7 +2,7 @@ % Table created by stargazer v.5.2.3 by Marek Hlavac, Social Policy Institute. E-mail: marek.hlavac at gmail.com % Date and time: Mon, Oct 31, 2022 - 04:40:50 PM \begin{table}[!htbp] \centering - \caption{US Elasticity of Oil Supply} + \caption{U.S. Elasticity of Oil Supply} \label{} \begin{tabular}{@{\extracolsep{1pt}}lc} \\[-1.8ex]\hline