In today’s economy, it’s tough enough being a restaurant owner, but now you have to safeguard your garbage, too. From California to Maine, thefts of used cooking oil are on the rise — driven by the rising price of oil that makes biofuels more cost competitive with fossil fuels. Like thieves who ransack foreclosed homes for copper wire, higher prices for used cooking oil can attract people with a hunger for crime as well as dinner.
Keep in mind that some cooking oils, such as those used to deep fry foods, can be reused if you carefully strain them and store them in a sealable container such as a plastic jar or coffee can. If you cannot reuse the oil, pour it into a sealable container and simply throw it away. This applies only to small amounts of oil. If you have a large amount of used cooking oil, take it to your local landfill to dispose of it.
In many restaurants, cooking oil and other trash is often stowed away from the restaurant , for the most part, unguarded. It’s in the open because it’s picked up with the rest of the recyclables, such as cardboard, glass and aluminum. Waste companies are currently selling the used oil for 15 cents per pound, vs. 5 cents per pound in 2005. Once the product is converted to yellow grease — the commodity version of cooking oil — it can be sold for 30 to 40 cents per pound, vs. 25 cents per pound in 2010, according to USDA figures.
There are many uses for used cooking oil around the house. Save the waste and then use it the same way that you would use machine oil. You can lubricate wheels or rusted objects, fix squeaking door hinges and even unstick locks. Cooking oil can be used as an anti-rust coating on some objects or as coating on a snow shovel to keep snow from sticking when you are shoveling your driveway. Reusing the oil in this way can save you a lot of money.
Recycling facilities turn used cooking oil into the raw materials that are then turned into new products. It can be used to make poultry seed, pet foods, perfumes, antifreeze and other products. Try to keep the oil from being mixed with petroleum products or with water, because this will keep the recycling facility from being able to properly process it.
Used cooking oil also can be turned into biofuel. This alternative fuel is used as a substitute for diesel fuels and will work for both vehicles and homes. Some newer car engines can use this biofuel, and older engines can be modified to use it. Boilers and furnaces in homes also can be modified to use fuel derived from cooking oils.
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