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 NC mom missing for 24 years doesn't want to be found. FBI chief Kash Patel showed up in the Team USA hockey locker room. BBC apologizes after racial slur heard at BAFTAs. Jack Smith's report won't ever see the light of day. Report an error