Some of the most exciting news

Some of the most exciting news, according to Baumann, is that olive oil also contains at least four different antioxidants, which can help "neutralize damaging free radicals that can lead to skin aging and skin cancer." Baumann writes that in studies mice that drank extra virgin olive oil developed less skin cancer after exposure to UV light.

Olive oil can also provide a safe and natural lubricant for a close shave. As a soothing aftershave, rub in an extra teaspoon of the stuff after rinsing off. In fact, some products from The Art of Shaving are based on olive oil. Similarly, olive oil can soothe chapped lips. Make your own balm by mixing olive oil and melted beeswax in a 1:1 ratio (add an essential oil if you want a nice fragrance). According to the handy new Website AltUse, you can moisturize your cuticles by soaking in olive oil mixed with water, or apply olive oil directly to cuticles before applying polish or buffing nails.

2. Tame Tangled and Damaged Hair

Olive oil also has benefits for hair. Comb a bit of the stuff through dry or frizzy hair to help tame and moisturize your locks, especially in winter or on humid days. Olive oil can also provide some relief for damaged hair.