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US Oil Consumption vs US Exports

US Oil Consumption and US Exports correlate at r = +0.46 over 55 years (1970–2024), p = 4.3e-4. With the time trend removed, r = +0.11. Holds up after detrending.

Verdict: Holds up after detrending. Statistically significant (p = 4.3e-4) and the association survives trend removal (detrended r = 0.11). Correlation still isn't causation, but this one isn't an obvious artifact.

Pearson r
+0.46
p-value
4.3e-4
Years compared (n)
55 (1970–2024)
95% confidence interval
0.22 to 0.65
Correlation with the time trend removed
+0.11

Sources

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