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US Oil Consumption vs US Resident Patent Applications

US Oil Consumption and US Resident Patent Applications correlate at r = +0.52 over 42 years (1980–2021), p = 3.8e-4. With the time trend removed, r = +0.04. Interpret with caution.

Verdict: Interpret with caution. Much of the apparent link is driven by a shared time trend: r falls from 0.52 to 0.04 once the trend is removed.

Pearson r
+0.52
p-value
3.8e-4
Years compared (n)
42 (1980–2021)
95% confidence interval
0.26 to 0.71
Correlation with the time trend removed
+0.04

Sources

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