Abstract: A bulk cooking oil supply and disposal transport system and method for the supply of cooking oil to and the removal of waste oil from a receiving facility. The system includes a transport vehicle with a supply and a waste oil container. An oil conduit system is connected with the supply and waste container to selectively deliver and remove oil through oil fittings. Pumps and valves are disposed within the oil conduit system for restricting the flow of the cooking oil therethrough. A first fluid meter measures the amount of cooking oil delivered to the receiving facility and a second fluid meter measures the amount of waste oil removed from the receiving facility. A control device receives signals indicating the level or amount of oil delivered or removed through the oil conduit system. Signals are generated by sensors at the receiving facility or from the fluid meters monitoring flow through the system.