	(1)	(2)	(3)	(4)
VARIABLES	new_bup_incumbent_posdir	new_bup_incumbent_posdir	new_bup_incumbent_posdir	new_bup_incumbent_posdir
				
pc_oil_gas_2003	-0.000643	-0.00125	-0.000643	-0.00125
	(0.00154)	(0.00185)	(0.00154)	(0.00185)
delt2003oil	0.00284	0.00248	0.00284	0.00248
	(0.00289)	(0.00331)	(0.00289)	(0.00331)
Constant	0.498***	0.613***	0.498***	0.613***
	(0.0338)	(0.112)	(0.0338)	(0.112)
				
Observations	242	242	242	242
R-squared	0.004	0.046	0.004	0.046
Robust standard errors in parentheses				
*** p<0.01, ** p<0.05, * p<0.1				
