Gasoline Rises on Speculation Unit Shutdowns to Crimp Supply
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Gasoline rose as reports of refinery unit shutdowns raised concern that supplies would be tight as the summer driving season began.
Futures advanced after Valero Energy Corp. announced maintenance at its 170,000-barrel-a-day McKee plant in Texas. Today is the first day of the four-day U.S. Memorial Day holiday weekend, the traditional kickoff of the summer driving period when demand is expected to increase.