Waze is a socially-driven traffic app that we’ve posted about before. Today, the company has released a big update: Gas prices. Now, in addition to browsing socially-driven information about traffic, accidents, and speed traps, you can search your area for the cheapest prices and get directions to the leading gas station.

Unfortunately, information is provided by other users, so it can be inaccurate or even absent. If you’re living in a city with lots of Waze users (like my own city of Los Angeles), the app can be really helpful in getting you around town. But if you’re living in the middle of nowhere, there likely won’t be nearly as much helpful or up-to-date information.

Still, finding a good deal on gas could save you a lot of money, and Waze is also teaming up with certain gas stations to offer in-app deals occasionally. Traffic apps like Waze are definitely going to need some innovation to stay ahead of Apple’s shiny new Maps app due out later this year, and this is a nice start. Waze is a free download on the App Store now.

Waze adds gas prices to its consumer-powered traffic app originally appeared on TUAW – The Unofficial Apple Weblog on Wed, 20 Jun 2012 15:30:00 EST. Please see our terms for use of feeds.

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