I believe that the best oil for cooking is Macadamia Nut Oil.
- It has the highest level of monosaturates (80%) of any culinary oil, including olive oil. No carbohydrates, sodium, or cholesterol.
- It can be used for salads or frying, like any other oils.
- It has a smoke point of 392 degrees F (200 C). This is higher than virgin olive oil, as well as most other oils.
- It is also cold-pressed, and keeps in the tin for about two years at room temperature.
- It has a very mild flavor, and doesn't make everything taste like macadamia nuts. (The flavor of olive oil is fine, but it does change everything it touches.)
I bring in eight liters of it every other year from Alstonville, New South Wales, Australia (near Wollongbar). The main cost is the shipping, so I have it sent by regular mail (actually takes less than three weeks). Australia has the best quality oil at the most reasonable prices. It is prohibitively expensive to buy it in those tiny, fancy bottles in the gourmet stores (if you can find it), or bring it in from Hawaii.
I share it with my family and friends as a treat. I get fancy little bottles at Pier 1 with stoppers, and fill them with oil, then seal the cork with a little wax and cord. It makes a nice thank-you gift. Oh, crap! I'm starting to sound like Martha Stewart...
I thought Abbanabba and some of our other Aussie members might get a kick out of that, but then realized that they live all the way across the continent from the Macadamia nut farms.