From Dr. Joseph Mercola:
Coconut oil is truly the healthiest oil you can consume. 
It is rich in lauric acid, which is known for being antiviral, antibacterial and antifungal, contains no trans fat (even olive oil has some trans fat), and boosts the immune system. You can even use it on your skin to help prevent wrinkles.
This may be surprising, but coconut oil, in addition to tasting and smelling great, can:
Help you lose weight, or maintain your already healthy weight.
Reduce your risk of heart disease.
Lower your cholesterol.
Improve conditions in those with diabetes and chronic fatigue.
Improve Crohn’s, IBS, and other digestive disorders.
Prevent other disease and routine illness with its powerful antibacterial, antiviral and antifungal agents.
Increase metabolism and promote healthy thyroid function.
Boost your daily energy.
Rejuvenate your skin and prevent wrinkles.
