\begin{frame}{Chapter III}
	\huge
	\bf{Bitcoin Mining, the Next Shale Boom?}
\end{frame}
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\begin{frame}{Guiding Question}
	\Large
	How will bitcoin mining change oil production decisions in the United States?
	\large
	\vfill
\onslide<2->{Basin and state fixed effect model of flared gas value. Structural vector autoregression (SVAR) model of oil production elasticity. Time series model of bitcoin mining energy use.}
	\begin{itemize}
		\onslide<3->{\item{Effect depends on location}}
		\onslide<4->{\item{Response is \emph{not sensitive} to bitcoin price}}
		\onslide<4->{\item{Response is sensitive to natural gas price}}
		\onslide<5->{\item{Up to a 0.55\% increase in oil production}}
		\onslide<6->{\item{Oil revenues could increase by 0.63\%}}
		\onslide<7->{\item{Global oil price would decline by 0.2\%}}
	\end{itemize}
\end{frame}
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