Sure, you can and if you have a microwave and a paper bag you can do-it-yourself microwave it! Technically you don't need any oil at all.
I would be afraid of it burning on the stove due to it's low smoke point so be careful! www.instructables.com/id/Microwave-Popcorn
Edited by: SPARKLEYSHINE at: 3/3/2011 (15:53)