Crime | cooking oil Restaurants' Used Grease Draws Thieves Once scorned, it's 'become gold'; can be turned into biodiesel By Kevin Spak Posted May 30, 2008 7:40 AM CDT Copied Wesley Caddell, business developer for Blue Sky Bio-Fuels, looks at drums of cooking oils at his plant in Oakland, Calif., Monday, May 19, 2008. (AP Photo/Paul Sakuma) For decades restaurants have thrown away their used cooking grease without a second thought; now, they’re trying to protect it from thieves. Almost anyone can convert the yellow grease into cheap biodiesel using kits sold on the internet, and restaurant oil bins have become go-to destinations for everyone from environmentalists to thieves who siphon tanks in the dead of the night. The grease is now traded on the commodities market, fetching almost $2.50 a gallon; some restaurants are selling it for extra revenue. “Fryer grease has become gold,” said one restaurateur. “And just over a year ago, I had to pay someone to take it away.” But grease thieves say they’re doing nothing wrong; many restaurants store the grease out by the trash, where it’s fair game. Read These Next Theater got snarky with its Melania marquee, and Amazon was ticked. This publication's review of Melania just got much worse. Power glitch interrupts first Winter Olympics event. Trump calls out a 'moron' at National Prayer Breakfast. Report an error