Add the rice and olive oil to a pot and stir to coat the rice grains in the olive oil.
Begin heating the rice on medium heat, stirring occasionally to avoid browning. In the meantime, begin heating your water and bring it to a boil.
When the rice starts to sizzle gently, add the boiling water (a loud steaming sound is okay!)
Turn the heat up to high and boil the rice until the water level is just at or under the rice and the rice is bubbling. Once the rice is bubbling, turn the heat down to low/simmer, and place the lid on the pot.
Let the rice simmer for 15 minutes. Once the 15 minutes have elapsed, the rice should look fluffy and white.
Serve as a bed to saucy dishes, pair with beans, or enjoy a big bowl of rice as is with butter and salt.