In a pot over medium heat, combine oil and salt. Let it got hot then carefully add the water.
Add rice, stir, and cook until almost all of the water is absorbed, stirring frequently to prevent from sticking. Use a spoon to form a mound in the center of the pot with the rice.
Reduce heat, cover, and simmer for 15-20 minutes.
Remove from heat and fluff with a fork. Let it sit covered for 5 minutes and then remove all the cooked rice from the pot.
Use a spoon to scrape the bottom layer of rice from the pot and serve. Buen provecho!
Notes
Pro tip: If you're having a hard time scraping the rice from the bottom of the pot, pour hot water over the bottom of your pot for a few seconds and it should make scraping that layer off way easier!