Energy is just energy, doesn't matter what form it comes in.Moreover, while chemistry isn't my strong suit I'd imagine gathering the raw materials and then turning them into usable fuel would be a pretty energy-intensive activity
As a pure for instance, yeast metabolise common or garden sugars into alcohol. For the sake of argument some sort of organ that produced an alcohol solution at about 10%, secreted it (topologically) externally to the body, and then extracted the water in the way that the kidney extracts water from urine seems perfectly feasible way for an organism to produce a highly flammable fluid that could then be stored in a bladder until needed.
(I can't see any remotely credible way it could be ignited though.)
Also, and at risk of completely debasing the conversation, methane is readily produced in a number of real live animals, and highly flammable...
In each case the total energy in the flammable substance is less than the food needed to create it of course, but I don't think it would require a prodigious amount of food.
(NB I don't believe for one moment there were dragons, I'm just saying.)
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