Fats are triglyceride molecules made of glycerol and three fatty acids. They can be saturated or unsaturated depending on the number of carbon-carbon double bonds. Saturated fats are solid at room temperature and linked to heart disease, while unsaturated fats with one or more double bonds are generally liquid and found in foods like olive oil and fish. Fats provide energy, act as insulation, and help absorb vitamins, but consuming too much saturated fat can be unhealthy.