2015 is the Year to Camp and Travel! Gas prices on PEI on December 15th went down to $1.13/ litre. The last time prices were this low was in October, 2008! Better yet, predictions are that Gas prices will drop below $1.00/ litre in 2015 on PEI, a price it has not reached since early 2009. WOWSERS! For our U.S. Visitors the $1.00/ litre is equal to a price of $3.32/gallon.