Should I keep oil in the refrigerator after deep frying? We have a turkey fryer and want to know whether we should refrigerate the oil between uses. We have been refrigerating the oil but it takes up lots of room.
I've always stored my used peanut oil in my pantry. I'll strain the cooled oil back into the original container and put it on my shelf.

http://www.seriouseats.com/2013/09/ask-the-food-lab-how-many-times-can-i-reuse-fry-oil.html

Recommendation is a cool, dry place... Not a COLD dry place.