my parents own a restaurant and they pay some one to dispose of there veg oil. it would be great if it were worth something.
really? here in NC we had a few "grease" thefts and on the news they said that the company removing said grease pays the restaurant and then they resell it.
so yeah, it is worth something.
but, in reality, there's no way veggie oil could be a feasible alternative. when i think about all the cars all over the world, and i think about all the plastics..............i'm amazed oil is $135/barrel. i have no idea what a feasible alternative would be...........maybe switchgrass, or sugar cane.
bloomberg had a report about the Bakken formation in the dakotas and the upper estimate was over 400billion barrels, but a recent survey suggests only 4 billion - huge discrepency ya think? anyway the stuff is deep - 2 miles beneath the surface and only about 22 ft wide, spanning thousands of miles - so its real tricky to hit a sweet spot.
Bloomberg.com: News
no matter what though, we need oil to transisition towards a new fuel if we want to have some semblance of the lifestyle we have now.
personally, i've been looking into some used BMW motorcycles. thats my opinion - i think we'll all be driving more on two wheels to get to work, and use the car for the grocery getter once a week.