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US Oil Consumption vs US Tax Revenue
US Oil Consumption and US Tax Revenue correlate at r = +0.05 over 53 years (1972–2024), p = 0.726. With the time trend removed, r = +0.20. Not statistically significant.
Verdict: Not statistically significant. With n = 53, this correlation isn't statistically significant (p = 0.726). It could easily be chance.
- Pearson r
- +0.05
- p-value
- 0.726
- Years compared (n)
- 53 (1972–2024)
- 95% confidence interval
- -0.22 to 0.32
- Correlation with the time trend removed
- +0.20
Sources
- US Oil Consumption (TWh): Our World in Data. US Oil Consumption (Our World in Data: Oil).
- US Tax Revenue (% of GDP): World Bank. US Tax Revenue (World Bank indicator GC.TAX.TOTL.GD.ZS).
Related pairs
- US Annual CO₂ Emissions vs US Oil Consumption (r = +0.90)
- US Oil Consumption vs US Military Expenditure (r = -0.84)
- US Oil Consumption vs US Electricity Use per Capita (r = +0.80)
- US Meat Consumption per Person vs US Oil Consumption (r = +0.79)
- US Oil Consumption vs US Health Expenditure (r = -0.76)
- US Oil Consumption vs US Infant Mortality (r = -0.75)
Correlation does not imply causation. How the verdict is worked out.