Wash rice in cool water and drain. In a large pot, put in rice with water to cover by 3-4". Bring to boil and cook for 6 minutes. Test by biting a grain of rice: The outside should be soft but the inside still hard. Transfer rice to a sieve and rinse. Add oil to the pot and put wet rice back in. Place a kitchen towel over the pot and replace the lid. Cook on low heat for 45-55 minutes, or until fluffy. At the bottom of the pot a crunchy layer will form that is everyone's part.