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Midwest Drivers May See Gasoline Below a Dollar

Drivers in Chicago and other parts of the Midwest may see gasoline prices at the pump fall to 99 cents a gallon as regional stockpiles swell.

Average Illinois retail gasoline prices have dropped 34 percent in the past year to $1.57 a gallon, while Oklahoma motorists can fill up for a $1.36 a gallon, according to GasBuddy Organization. If gasoline supplies keep growing, 99-cent fuel is not out of the question, said GasBuddy, which tracks prices at filling stations.

Midwest gasoline inventories hit a 21-year high during the last week in January, according to government data. Nationwide inventories may have increased as much as 1...


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