Oliver kicked things off by acknowledging that he wasn't as overjoyed by David Cameron's resignation as he thought he'd be.
"It's like catching an ice cream cone out of the air, because a child was hit by a car," he said.
Obviously he also topped that excellent metaphor off with a dead pig joke.
He later pondered about who might take the reins from Cameron, and explained what Article 50 means for the UK's future.
Check out his stellar EU-themed rant in the video above.