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If you have a grease fire, never use water to put it out, because it will spread the fire.
One way to smother a grease fire is to sprinkle baking soda over the fire. Also, remember to keep a tight fitting lid for your pan close by, so you can cover the pan if a flame erupts. Leave the lid in place until the pan cools.
Always keep a fire extinguisher in the kitchen, and learn how to use it before a fire occurs.