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M$2 Answers
So in answer to your question they either:
Pay to have it hauled away though some hauling companies now offer free pickup and on sell the grease to refineries which turn it into bio-fuel.
Sell the grease or give it away to local recyclers.
http://www.noozhawk.com/green_hawk/article/042909_used_restaurant_grease_fu...
Recyclers compete for used restaurant grease
http://www.rmse.biz/pdfs/22.pdf
http://www.greenspacetoday.com/green-guide/city-s-restaurant-grease-re-used...
http://cbs5.com/crime/grease.restaurant.theft.2.690861.html
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M$A Grease Service comes by periodically and empties the big cans of used oil when they're full, and takes them away. They sell it to companies that make soap, because grease/oil/lard is a primary ingredient in soap.
So, to be honest, the answer to your question is that the used cooking oil eventually, after the soap-making process, is rubbed all over the skin of people across the world every time they take a shower.
Experience in the food-service industry
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M$
Thanks for the answer. Do you have any idea about how much these Grease Service companies charge?
Well, it really depends on the Firm that's handling the grease pickup. Some companies do it for free. Others actually work out a deal where they PAY the restaurant for the grease. (Remember, they're turning around and making a stellar profit on this stuff when they make it into soap, or supplement livestock feed with it).
thanks, not what i was hoping, but thanks
Well, can you clarify what exactly you meant? I took it as "How much do they charge restaurants to haul away their used grease?", but if you meant "How much do they charge soap manufacturers for the grease?", the answer is that the price of yellow oil, much like the price of crude oil, fluctuates. According to a May, 2008 article in the New York Times, published at http://www.nytimes.com/2008/05/30/us/30grease.html :
"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.
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.)"
I found an interesting article at http://www.eia.doe.gov/oiaf/analysispaper/biodiesel/ that puts forth a formula for estimating yellow oil prices:
" The USDA does not forecast yellow grease prices, although in the past the prices of yellow grease and soybean oil have moved together. Monthly soybean oil price data are obtained from the USDA, and monthly yellow grease price data are obtained from the Jacobsen Publishing Company. Unweighted averages are used to construct annual prices. The results of a linear regression are:
Yellow grease price = 0.49 x Soybean oil price .
Yellow grease price projections (Table 2) are estimated by using soybean oil price projections in the above equation."
Hope that helped more.
