Grease Theft on the Rise

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	Grease Theft on the Rise

misterboh

5-31-2008 10:57 AM

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tags:

biofuel

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6bd202eb-26fa-47bd-8358-d93aaafae594/FC63A509-B7C7-48B4-A149-B85E065A09BC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/05/30/us/30grease.html?em&ex=1212379200&en=8bd807c3013d46e9&ei=5087%0A" href="http://www.nytimes.com/2008/05/30/us/30grease.html?em&ex=1212379200&en=8bd807c3013d46e9&ei=5087%0A" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/05/30/us/30grease.html?em&ex=1212379200&en=8bd807c3013d46e9&ei=5087%0A">
<P>Much to the surprise of Mr. Damianidis and many other people, processed fryer 
oil, which is called yellow grease, is actually not trash. The grease is traded 
on the booming commodities market. Its value has increased in recent months to 
historic highs, driven by the even higher prices of gas and ethanol, making it 
an ever more popular form of biodiesel to fuel cars and trucks. </p> <P>In 2000, yellow grease was trading for 7.6 cents per pound. On Thursday, its 
price was about 33 cents a pound, or almost $2.50 a gallon. (That would make the 
2,500-gallon haul in the Burger King case worth more than $6,000.)</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/FC63A509-B7C7-48B4-A149-B85E065A09BC/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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