More Bacon Please

Loading...
Loading...
Recently, CNBC reported on a motorcycle made by Hormel
HRL
that runs entirely on refined
bacon
grease. CNBC reporter Jane Wells bent down beneath a mounted biker as he revved up the engine and she smelt deep into the exhaust pipe. “That smells like bacon. That is crazy,” exclaimed Wells. The biker, Eric Pierson, drove the bike across the country while getting 80 to 100 miles per gallon of grease, which is about the equivalent of diesel fuel.
Related
:
3 Grocers Working To Make Organic Food Affordable
“It takes about 30 pounds of bacon to make a gallon of bacon grease, and a little more than a gallon of bacon grease to make a gallon of fuel, so it's not really cost efficient,” Wells pointed out. Hormel's vice president of new products marketing Steve Venenga responded “It was more like ‘why wouldn't you do that?' I mean, it was just such as great idea.” Bacon prices are currently very high, and Hormel shares are up by 20 percent from last year, making the marketing concept an easy gimmick to ride.
Jason Cunningham had no position with the mentioned entities while writing this article. Visit Jason on Twitter at @JasonCunningham and @Benzinga.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCMediabaconCNBCEric PiersonJane WellsSteve Venenga
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...