Malaysian Fryer Oil Arbitrage
You can make jet fuel from palm oil. It doesn't even need to be fresh. You can take palm oil, put it in a deep fryer, use it to make french fries, reuse it again and again until it becomes gross and the fries taste bad, and then take the used oil and sell it to a refiner to make jet fuel. Also works with olive oil, soybean oil, lots of cooking oils. This is a very nice fact about the world! You can get jet fuel without (1) drilling for oil or (2) cutting down forests to create dedicated agricultural land just for the jet fuel. You use the existing agricultural land to make cooking oil, you cook with it until it's no longer good, and then when you are done with it you get an extra bonus use as jet fuel.
In 2025, this extra bonus use is especially valuable, because energy companies and airlines, at least in Europe, want to demonstrate that they are environmentally sustainable. So finding an environmentally sustainable way to make jet fuel is worth a lot of money to them. Therefore they will pay a lot of money for used cooking oil (or 'UCO').
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