^ Not good for your insides so much as it will just coat your digestive system with a lubricant.. obviously causing you to shit
So, FYI I would recommend that you use Canola oil as opposed to Olive oil, not only for the price but the smoke point of the oil as well (the rate at which the oil breaks down- once broken down it will give off flavours or even worse; burned taste).
Unless you're using extra-light Olive or pomace Olive oil (in which case teh smoke point is just about equal to that of Canola oil, slightly lower still). The Canola oil with the highest smoke point is "high oleic"... This works well tho.