PiP is caused by many things. BB content is usually the least likely, but gets blamed the most. Definitely if it's too high then certainly a possibility. You have tolerance to carrier oil, crashing, too high concentration (too high concentration means much more solvents), raws being washed properly, sources adding a small amount of ethyl oleate without telling customers, etc. List goes on. That being said, I brew at moderate dosages whereas the lower concentration plus need for less solvents is a huge help in lessening the possibility of pip.
So, to answer your question, you would lesson the possibility of pip, but tolerance to carrier, raws and crashing would still be a factor. Grapeseed oil is definitely the most tolerated carrier oil out there. I've tried them all.