Can olive oil be used to replace butter and margarine in recipes?

Yes! Butter and margarine have a pleasant taste, and there are certain uses of butter and margarine for which there is no satisfactory replacement in the American Diet--buttered toast at breakfast comes to mind. Extra Virgin Olive Oil has been described as "buttery" by many consumers in taste tests. Extra Virgin Olive Oil can be used in place of butter or margarine in many recipes, such as on vegetables, rice, potatoes, and--yes--even corn on the cob!