You are correct Ader and so is CK. If you look on the Food Standards Agency web site there is loads of info there. I would just add to CKs post, that not all oils become carciniogenic when heated, it is mainly the corn oils and some vegetable oils, this is why the Asians prefer to use Ghee. Most oils change their chemical structure at certain temperatures and become risky as they cool and if they are reused. But in the vein of this forum you makes your own choice, based on advice given, and there is some very good advice here.
CP