I had not planned on doing another post on vegetable oils so soon because I've already done two this week. But last night we were at a restaurant and on the menu they proudly stated that they were using rice oil for all of their frying.
Rice oil? I'd never heard of rice oil. I have enough trouble thinking about how they squeeze oil out of corn and soybeans. Now they're squeezing oil out of rice.
I did some quick research. The reason I'd never heard of it is because it's relatively new. At least as far as availability in any quantity goes. Canola oil has been in our food supply for about 30 years. Rice oil for much less than that. It's completely man-made and extracted through a multi-step industrial process similar to that used for canola oil and soybean oil.
Its latest claim to fame is that Chipotle restaurants are using it for all of their fried foods. It's not GMO, which is good. It's not natural at all, which is bad.
So my advice on whether or not to use or consume rice oil is the same as for any other industrial vegetable or seed oil... just say no.