Read the following paragraph and determine if the hypothesis is true:

How to make popcorn on the stove<br>Heat the oil in a 3-quart (or larger) saucepan on medium-high heat. You'll want to use an oil with a high smoke point, like peanut, canola or coconut. If using coconut oil, allow all of the solid oil to melt before adding kernels.

Hypothesis: Peanut oil has the highest smoke point of all oils.