In medium size saucepan, heat oil. Add rice; stir to brown.
Add all ingredients EXCEPT cheese.
Bring to full boil. Reduce heat, cover, and simmer 20 minutes.
Pour into small baking dish, top with shredded cheese. You may add more cheese if you prefer. I like to add a little chopped green onion on the cheese for color. I've also used brown rice in place of regular rice.