In a wide, shallow sauté pan, sauté the shallots in the coconut oil for a few minutes until soft. Pour in the water and stir in the rice. Bring it to a boil, cover, reduce the heat to low (or move to the smallest burner with the lowest possible flame), and steam for 12 – 15 minutes, or per package instructions (see recipe note). Let it sit, covered, off the heat on a cool burner for about 5 minutes before fluffing with a fork.