Easy Spanish Rice

Really simple meal, but so yummy!  Just throw it all in a baking dish and let the oven do the rest!!

1 10 ounce can Rotel Tomatoes with green chillis
2 cups cheddar cheese, grated
2 cups long grain rice, uncooked
1/2 cup vegetable oil
1 cup canned sliced black olived, drained(I usually just use a can of whole and slice them myself)
3 cups water
1/2 cup onion, chopped
salt and pepper to taste

You can also add a can of black beans if you want, or cooked ground beef.  

Recipe Yield 10 servings

Mix all ingredients together in a 9x13 baking dish.  Bake at 350 degrees uncovered, for one hour. Fluff with a fork and serve.