CRAK - Exxon tries to keep Beaumont refinery running ahead of comeback summer

Exxon Mobil (XOM) is tapping temporary crews to keep making gasoline and diesel at its Beaumont refinery in Texas during a worker lockout, as the fuel industry prepares for a strong rebound this summer.Beaumont has sufficient resources to "safely and efficiently operate," the company says, although it is unclear how the lockout - the first-ever for the refinery - may affect production.U.S. refiners are racing to build up gasoline supplies to meet what they hope is a strong summer driving season as the country emerges from the pandemic.As COVID-19 case counts drop and vaccines increase in the U.S., investors are bidding up refinery company shares, with several scoring big gains today: [[PBF]] +14.8%, [[DK]] +7.1%, [[HFC]] +5.7%, [[CVI]] +5.7%, [[VLO]] +5.6%, [[PSX]] +3.7%, [[MPC]] +2.8%.ETF: [[CRAK]]Beaumont is poised to jump to the top position among U.S. refineries, up from no. 7, as Exxon constructs a third crude unit that would

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Exxon tries to keep Beaumont refinery running ahead of comeback summer