Are These 3 Energy Stocks About to Soar as Driving Season Kicks Off in the United States?

The geopolitical conflict in the Middle East has pushed oil prices higher.

Gasoline prices are high as this year's driving season gets underway.

The impact of electric vehicles may be greater this year than ever before.

When investors think about the annual summer driving season, oil and gasoline have historically been the primary focus. This year, oil and gasoline have been headline news daily due to the geopolitical conflict in the Middle East. That's likely to remain the case regardless of how much people drive.

But high energy prices could shift demand, making electricity more important than ever. Three stocks you may want to keep an eye on are NextEra Energy (NYSE: NEE) , Constellation Energy (NASDAQ: CEG) , and Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) . Here's a primer on each one.

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Normally, driving season is about energy companies like integrated energy giant Chevron (NYSE: CVX) and refiner Valero (NYSE: VLO) . Chevron's business spans the entire energy value chain, from producing oil to transporting it and processing it into gasoline and other products. Valero sits at the end of the chain, transforming oil into other products. Energy companies like these will likely see a boost from driving season.

However, the bigger story today is the geopolitical conflict in the Middle East. It is an ongoing event that will likely have far more sway over energy prices and, thus, the performance of energy stocks, than the driving season. However, there's another possible consequence from this conflict.