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US Dollar to Euro vs US Oil Consumption
US Dollar to Euro and US Oil Consumption correlate at r = +0.19 over 27 years (1999–2025), p = 0.335. With the time trend removed, r = +0.16. Not statistically significant.
Verdict: Not statistically significant. With n = 27, this correlation isn't statistically significant (p = 0.335). It could easily be chance.
- Pearson r
- +0.19
- p-value
- 0.335
- Years compared (n)
- 27 (1999–2025)
- 95% confidence interval
- -0.20 to 0.53
- Correlation with the time trend removed
- +0.16
Sources
- US Dollar to Euro (EUR per USD): Frankfurter (ECB). Annual mean US Dollar to Euro exchange rate (European Central Bank reference rates).
- US Oil Consumption (TWh): Our World in Data. US Oil Consumption (Our World in Data: Oil).
Related pairs
- US Annual CO₂ Emissions vs US Oil Consumption (r = +0.90)
- US Oil Consumption vs US Military Expenditure (r = -0.84)
- US Oil Consumption vs US Electricity Use per Capita (r = +0.80)
- US Dollar to Euro vs US Military Expenditure (r = -0.80)
- US Dollar to Euro vs US Urban Population (r = -0.79)
- US Dollar to Euro vs US Rural Population (r = +0.79)
Correlation does not imply causation. How the verdict is worked out.