Selling Used Fryer Oil Isn’t a Profitable Side Business for Restaurants Anymore

February 22, 2016

Thanks to plummeting crude oil prices, the demand for biodiesel fuel is waning.

The days of restaurants making a few extra bucks by hawking their used fryer oil may be over. Crude oil prices have plummeted since mid-2014, and biodiesel fuel — which can be produced from used vegetable oil and other fats — is no longer an attractively priced alternative to petroleum-based fuel, reports the Financial Times.

The rise in popularity of biodiesel fuel “turned a waste product into a sought-after commodity when crude prices were high, even attracting the attention of thieves armed with bolt cutters and vacuum…