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US Natural Gas Consumption vs US Inflation Rate

US Natural Gas Consumption and US Inflation Rate correlate at r = -0.24 over 60 years (1965–2024), p = 0.061. With the time trend removed, r = +0.29. Not statistically significant.

Verdict: Not statistically significant. With n = 60, this correlation isn't statistically significant (p = 0.061). It could easily be chance.

Pearson r
-0.24
p-value
0.061
Years compared (n)
60 (1965–2024)
95% confidence interval
-0.47 to 0.01
Correlation with the time trend removed
+0.29

Sources

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