I give coconut oil a thumbs up as a Physician. If you look at the history of Coconut oil it was very widely used at one point, some would say the lobbying efforts of the soybean and corn industry are to blame for painting all other oils as "bad". The reason most say its bad is its Saturated Fat content, but not all saturated fats are created equal. Coconut oil has a high content of the medium chain fatty acid Lauric Acid, which is a great antiviral and immune supporting component. It is actually concentrated to create products of lauric acid that can be effectively used to treat viral, bacterial and protozoal infections. There is even some evidence showing that a diet rich in these medium chain triglycerides (fatty acids) (MCTs) may actually promote weight loss. We also know that MCTs can be a good energy source for muscle tissue. On the flip side, I have known Docs who utilize coconut oil rich diets to put mass on patients. When I was in my undergrad Dietetics training we were told to tell people to avoid any oils that were solid at room temperature, however I think this is a bit too simplistic for those wishing to take their nutrition to the next level. The problem with our country is that we have been brainwashed into thinking that "fat will make us fat" and to be scared of all oils which is a huge disservice to the health of our nation. Its about the type, quality, quantity and variety of the fats/oils. As a side note, grass fed and grass FINISHED beef has a totally different lipid (fat) profile than its grain fed supermarket counterpart. I would like to see some research done on utilizing this as a lean protein for bodybuilding, as I think it could be a great option and calm the whole red meat scare.
I routinely use Coconut oil (cooking, body, lube - haha), extra virgin olive oil and safflower oil (for high temp cooking). If you do the coconut oil make sure its organic and unrefined. Also Peanut oil is a great frying oil due to its high flash point, but I would use it infrequently at most.
I avoid anything with Trans fats (you know this by anything on the ingredients that says Partially Hydrogenated ...) and I really think that the vegetable oils which are usually just corn oil but also soy and canola are garbage and create more inflammation in our bodies than they are worth. However, they are widely used in restaurants due to their being cheap so while they cant be eliminated I do suggest not using them at home.
Sorry for the long post, but I guess the point is that Coconut oil seems to have more benefit than dangers and may even be a great option for those looking to support their building.
And P.S. this is my first post! Seemed appropriate to match a first with a first