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The Great Olestra Debate After researching I feel that Olestra (brand name Olean) has its pros and cons just like any other things you eat. It can help but also hurt you. Olean is a cooking oil that brings the great flavor, appearance and texture of fat to snack foods, but, Olean adds no fat or calories to the foods cooked in it. Foods made with fat substitutes, used in moderation, may provide some flexibility in food selection, but are not an effective strategy on their own for weight control. Often, reduced-fat