StateMaster - Correlations > Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP)

	Variable	Strength
...and	Economy > GSP > Nominal GSP > Oil and gas extraction (per $ GDP)	100%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per $ GDP)	98%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Support activities for mining (per $ GDP)	96%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Support activities for mining (per $ GDP)	96%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Oil and gas extraction (per capita)	96%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Oil and gas extraction (per capita)	96%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Support activities for mining (per capita)	96%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per capita)	96%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Support activities for mining (per capita)	96%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Support activities for mining (per capita)	96%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Production workers wages (per $ GDP)	92%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Annual payroll (per capita)	90%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Annual payroll (per $ GDP)	89%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Production workers hours (per capita)	89%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Support activities for mining (per $ GDP)	84%	[plot \| correlate \| graph]
...and	Energy > Natural Gas Consumption (per capita)	77%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Total capital expenditures	66%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Pipeline transportation (per capita)	61%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Pipeline transportation (per capita)	61%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Value added	60%	[plot \| correlate \| graph]
...and	Energy > Total Energy Consumption (per capita)	60%	[plot \| correlate \| graph]
...and	Energy > Natural Gas Consumption (per $ GDP)	59%	[plot \| correlate \| graph]
...and	Economy > GSP > Compensation of Employees > Support activities for mining	53%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Support activities for mining	48%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Support activities for mining	48%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Total value of shipments	47%	[plot \| correlate \| graph]
...and	Economy > GSP > Chain-type Quantity Indexes > Food product manufacturing (inverse)	45%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Pipeline transportation (per $ GDP)	45%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Pipeline transportation (per $ GDP)	45%	[plot \| correlate \| graph]
...and	Energy > Total Renewable Energy Produced (per capita)	44%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Total cost of materials	43%	[plot \| correlate \| graph]
...and	Energy > Total Renewable Energy Produced (per $ GDP)	42%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Oil and gas extraction	42%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Oil and gas extraction	42%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Support activities for mining	39%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Oil and gas extraction	39%	[plot \| correlate \| graph]
...and	Energy > Total Energy Consumption (per $ GDP)	38%	[plot \| correlate \| graph]
...and	Economy > Personal income (per $ GDP) (inverse)	37%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per capita)	36%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets (per capita)	36%	[plot \| correlate \| graph]
...and	Economy > GSP > Chain-type Quantity Indexes > Accommodation	35%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Utilities (per $ GDP)	35%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per capita)	34%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per $ GDP)	33%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per capita)	33%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets (per $ GDP)	33%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Production workers hours	32%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Rental and leasing services and lessors of intangible assets (per capita)	32%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Production workers wages	32%	[plot \| correlate \| graph]
...and	Economy > GSP > Chain-type Quantity Indexes > State and local	31%	[plot \| correlate \| graph]
	Average:	59%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. StateMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all states, rather subsets of states matched together.

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Map & Graph: states ranked

NOTES:

Outliers have been removed only where they are outside 3 standard deviations of the mean.
Only variable pairs where at least 15 states match for each have been considered.
Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed

DEFINITION: Oil and gas extraction, Real GSP (chained 2000 dollars) GSP, or Gross State Product is the value of all the goods and services produced in a state. Specific industries measured will give the value of all goods and services in that industry. The Nominal Gross State Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross State Product measures the value of all the goods and services produced expressed in the prices of some base year. Per $ GDP figures expressed per 100,000 $ gross domestic product.

SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.

Correlations > Economy Statistics > GSP > Real GSP > Oil and gas extraction (per $ GDP)

Correlations between Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP) ...

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