President Donald Trump’s inauguration ushered in an administration much more friendly to oil and gas companies than its predecessor. But White House policies could prove a double-edged sword for the industry.
On the one hand, it seems that petroleum producers could enjoy a more relaxed regulatory environment and greater export potential. On the other hand, a global trade war sparked by Trump’s tariff policies could hike inflation and cause people to drive less or, worse, help tilt the global economy into a recession that eats into oil and gas demand.
With that backdrop – and with the energy sector being the best-performing S&P 500 sector year to date – here are seven of the best oil and gas stocks to buy now.
This post originally appeared at U.S. News & World Report.