Combine all ingredients EXCEPT the Olive Oil in a large bowl
Place Olive Oil in bottom of Pressure Cooker
Mix all ingredients together by hand
Once mixed, begin rolling one inch balls
Place each meatballs, one-by-one into the base of the pressure cooker.
Press the Saute Option on the electric pressure cooker, to lightly brown the meatballs.
Open Can of Tomato Sauce while browning the meatballs
Once the meatballs are browned, add in the can of tomato sauce and water
Place the lid on the pressure cooker
Turn the Pressure Gage to SEALING
Press Manual and (+) to 5 minutes
The Electric Pressure Cooker may take about 15-20 minutes to come gain its pressure and then the pressure will begin to countdown.
When the Electric Pressure Cooker is done and the bell alerts you, allow this to cool with the 10 minute Natural Release Method then release the steam by turning it to 'VENTING'
Carefully open the lid and you can serve the meatballs.