... and these grease grabbers are stealing it from restaurants. As much as $75 million of grease is illegally siphoned every year.
The demand for fryer oil, aka “yellow grease” is on the upswing. A spike in biofuel prices has increased demand for the golden gunk to be refined into biofuel for cars and trucks.
Recently, two men were arrested for grease theft at a Wingstop restaurant in Knoxville, Tennessee. They were set to walk away with over 2,000 pounds of yellow grease, which they could have sold for about $600. 44 similar thefts were reported in that same time period.
“It’s like crack money,” Sumit Majumdar, president of Buffalo Biodiesel Inc. told Bloomberg. “There’s an actual market for stolen oil. It’s almost like a pawn shop or scrap-metal business.”
Lock up your deep fryers, Bitches.
