Seriously!  This is a valuable bit of advice.

IMPORTANT: READ BEFORE YOU VIEW THE VIDEO.

This is a dramatic video (30-second, very short) about how to deal with a common kitchen fire. Oil in a frying pan.      
Please read the following introduction and then watch the show.  It's a real eye-opener!!  Perhaps you'll want to send this one on to your family and friends.

When I was stationed in Charleston Navy base at the Fire fighting Training school we would demonstrate this with a deep fat fryer on the fire field.  An instructor would don a fire suit and using an 8 oz Cup at the end of a 10 foot pole toss water onto the grease fire.

The results got the attention of the students. The water, being heavier than the oil, sinks to the bottom where it instantly becomes superheated.

The EXPLOSIVE force of the steam blows the burning oil up and OUT. On the Open field, it became a thirty foot high fireball that resembled a Nuclear Blast. Inside the confines of a kitchen, the fire ball hits the ceiling and fills the   entire room.

Also, do not throw sugar or flour on a grease fire. One cup creates the Explosive force of two sticks of dynamite.

http://www.kosherdelight.com/KitchenOilFire.wmv