Used Cooking Oil: A Hot Property Black Market Item

Spent Cooking Oil BinNatt Garun writes in Gizmodo:

People resort to the black market for all sorts of stolen goods: cellphones, watches, cars, babies. But used cooking oil? According to the Washington Post, that’s a thing too.

Thieves are now moving into the green market by stealing used cooking oil from the back of restaurants. They sell the sludge to recyclers, who then process it into biodiesel. The oil can go for as much as $4 per gallon on the down low.

Since this is a pretty new criminal enterprise, police aren’t entirely sure what to do with the perps — or how to stop the theft from happening. In some states it’s a misdemeanor. Meanwhile in Virginia, two men caught greaselifting were charged with grand larceny. Serves you right for those sticky, err, slippery fingers.

Read More: Gizmodo

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21 Responses to Used Cooking Oil: A Hot Property Black Market Item

  1. simple drawing November 26, 2011 at 6:18 pm #

    at least they are helping the eviroment.

    • DeepCough November 26, 2011 at 9:32 pm #

      See, I think this is what the Green Movement needs: “entrepreneurship.”

  2. simple drawing November 26, 2011 at 10:18 pm #

    at least they are helping the eviroment.

  3. simple drawing November 26, 2011 at 10:18 pm #

    at least they are helping the eviroment.

  4. Prof Osiris November 26, 2011 at 8:48 pm #

    do the companies want to keep it? or are the “thieves” offering them a free service by removing and recycling it?

    • Eric Kunz November 27, 2011 at 5:39 am #

      Many restaurants sell their used cooking oil to recyclers, thus the thieves are actually costing them money.

  5. Prof Osiris November 27, 2011 at 12:48 am #

    do the companies want to keep it? or are the “thieves” offering them a free service by removing and recycling it?

  6. DeepCough November 27, 2011 at 1:32 am #

    See, I think this is what the Green Movement needs: “entrepreneurship.”

  7. Wastelandindustrial November 27, 2011 at 12:20 am #

    Im calling BS. Not even diesel goes for $4 a gallon.

    • Heath November 27, 2011 at 4:15 am #

      and you would be wrong. Diesel prices have been just above or just below 4 per gallon for awhile now. As far as bio diesel goes it does cost a bit more. For one the bio diesel industry doesn’t get subsidies like big Oil does.

      However these guys getting 4 per gallon for unprocessed oil doesn’t make to much sense..

      • Redacted November 27, 2011 at 1:48 pm #

        How much product does it process into?

    • Eric Kunz November 27, 2011 at 5:37 am #

      Where do you live? Around the Pittsburgh area, diesel is $4.09 a gallon on average.

  8. Wastelandindustrial November 27, 2011 at 4:20 am #

    Im calling BS. Not even diesel goes for $4 a gallon.

  9. Heath November 27, 2011 at 8:15 am #

    and you would be wrong. Diesel prices have been just above or just below 4 per gallon for awhile now. As far as bio diesel goes it does cost a bit more. For one the bio diesel industry doesn’t get subsidies like big Oil does.

    However these guys getting 4 per gallon for unprocessed oil doesn’t make to much sense..

  10. Eric Kunz November 27, 2011 at 9:37 am #

    Where do you live? Around the Pittsburgh area, diesel is $4.09 a gallon on average.

  11. Eric Kunz November 27, 2011 at 9:39 am #

    Many restaurants sell their used cooking oil to recyclers, thus the thieves are actually costing them money.

  12. Anonymous November 27, 2011 at 5:48 pm #

    How much product does it process into?

  13. Floppyloppypoo November 27, 2011 at 8:08 pm #

    Christ, The Simpsons dreamed this up years ago.

  14. Floppyloppypoo November 28, 2011 at 12:08 am #

    Christ, The Simpsons dreamed this up years ago.

  15. justagirl November 27, 2011 at 9:53 pm #

    mmmmm.  cheesesticks..  (:

  16. justagirl November 28, 2011 at 1:53 am #

    mmmmm.  cheesesticks..  (:

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