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How Biofuel Technology Turned Restaurant Grease Into Gold

06 Sep

Read the full story from Atlantic Cities.

The Bloomberg years have been kind to property markets and tough on fast food.

What a peculiar coda for this gilded age, then, was the news last week that a Manhattan real estate broker had been arrested for using a fake waste-hauling license to buy used frying oil from a Brooklyn Checkers. Somewhere, Tom Wolfe is taking notes.

When flipping pads wasn’t going so well, DNAInfo reported, Seon Intrator flipped yellow grease — several thousand gallons of it each month since March. Grease-dealing out of a small truck may have earned Intrator as much as $10,000 a month.

She is one of many Americans—likely several thousand—who have been stealing and selling used cooking oil at a healthy profit. New York City, with 17,000 grease-producing establishments and only 29 licensed haulers, is a particularly attractive target, though there have been incidents reported in California, Connecticut, and New Jersey.

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Posted by on September 6, 2013 in Biofuels, Food service and restaurants

 

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