Why we love Coconut Coconut is extremely popular these days,in particular the oil. It’s one of nature’s gifts to humans and fur babies. It can be used internally and externally (the Oil). Supplements can be very confusing to the average pet owner and, you probably have heard about the benefits of adding oils to your pet’s diet. Oils contain essential fatty acids and nutrients, which, as the name indicates, are essential to your pet’s health. Coconut oil is one of these oils.