2022-10-31 22:13:31 -06:00

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\begin{frame}{Results}
\begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment
\column{.5\textwidth}
\tiny
\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fixed effects omitted}\footnote{All reported values are logged}\footnote{Single stage preliminary results do not cite}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
\tiny
\begin{block}{Long Run Effect on Oil Production}
\begin{equation}
\Delta Q_{O}= \Delta P_{WTI}\cdot\beta_{2}\left[\sum_{t=1}^{\infty}\left( \beta_{1}^{t}\right)+ 1\right]
\end{equation}
\end{block}
\normalsize
\center
\(\beta_{1}=0.198\),\(\beta_{2}=0.143\)
\begin{equation*}
\Delta Q_{O}= 0.18\cdot \Delta P_{WTI}
\end{equation*}
\end{columns}
\end{frame}
\begin{frame}{Initial Estimates}
The nation wide average subsidy equivalent is estimated to be 0.98\%
\newline
\newline
\textbf{United States}
\begin{itemize}
\item{\(\Delta Q_{US}\approx 0.18\%\)}
\end{itemize}
\
\newline
\textbf{Wyoming}
\begin{itemize}
\item{\(\Delta Q_{Wy}\approx 1.43\%\)}
\end{itemize}
Wyoming subsidy equivalent is estimated to be 2.13\%. Elasticity estimates in Wyoming range from 0.61 to 0.73 .
\end{frame}