Can't wait 'til this turns into the "Olive Oil Discussion."
Just stirring the pot...
Not trying to start that discussion, but did anyone ever prove that olive oil works?
It is immediately obvious that it provides oleic acid to yeast.
In the Grady Hull paper, from which this whole craze was lifted, no amount of olive oil produced a beer with esters as low as or lower than the control beer (normal oxygenation) as measured by gas chromatography and tasting panel. So one might suspect that providing oxygen to yeast is doing something other than just provide oleic acid, or possibly that olive oil is delivering compounds other than oleic acid which are somehow causing the elevated esters. Somehow isolating oleic acid and delivery that in pure form would answer the question but I would bet a case of Cantillon that it is the former, supplying oxygen to yeast is materially different than supplying them with oleic acid.
Notably the brewery where the research was conducted, New Belgium, did not adopt the practice. AFAIK no commercial brewery has ever done this in production.
So I guess you have to define "works". Can it make a beer identical to a beer made with normal practices? No. Can it make an acceptable beer? Yes. Can it make a better beer than normal practices? Beauty is in the eye of the beholder.