CorrelateAI › Pairs
US Dollar to British Pound vs US Oil Consumption
US Dollar to British Pound and US Oil Consumption correlate at r = -0.52 over 27 years (1999–2025), p = 0.0058. With the time trend removed, r = -0.12. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0058) and the association survives trend removal (detrended r = -0.12). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.52
- p-value
- 0.0058
- Years compared (n)
- 27 (1999–2025)
- 95% confidence interval
- -0.75 to -0.17
- Correlation with the time trend removed
- -0.12
Sources
- US Dollar to British Pound (GBP per USD): Frankfurter (ECB). Annual mean US Dollar to British Pound 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 Dollar to British Pound vs US Coal Consumption (r = -0.87)
- US Dollar to British Pound vs US Fertility Rate (r = -0.86)
- US Oil Consumption vs US Military Expenditure (r = -0.84)
- US Dollar to British Pound vs US Natural Gas Consumption (r = +0.84)
- US Dollar to British Pound vs US Annual CO₂ Emissions (r = -0.84)
Correlation does not imply causation. How the verdict is worked out.