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1 Substitute coconut oil on a 1-1 ratio for oil or butter. Melt the oil and cool it to just above room temperature before measuring it.  Use a ratio of 3/4 to 1 when substituting coconut oil for shortening. Use the oil in its solid state or melt it first.
Substitute coconut oil for only half of the oil you need if you cook over high heat, keeping conventional oil for the other half. Coconut oil, like butter and extra-virgin olive oil, has a lower smoke point than more conventional cooking oils, making it more apt to smoke and potentially catch on fire than the other oils.