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US Natural Gas Consumption vs US Gross Savings

US Natural Gas Consumption and US Gross Savings correlate at r = -0.41 over 55 years (1970–2024), p = 0.0021. With the time trend removed, r = +0.44. Direction flips without the trend.

Verdict: Direction flips without the trend. The raw correlation is -0.41, but once each series' time trend is removed it becomes 0.44. The year-to-year movements run the opposite way to the long-run trends, so the headline number is misleading.

Pearson r
-0.41
p-value
0.0021
Years compared (n)
55 (1970–2024)
95% confidence interval
-0.61 to -0.16
Correlation with the time trend removed
+0.44

Sources

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Correlation does not imply causation. How the verdict is worked out.