That's perfectly right Jason!
According to the Greek mythology the godess Pallas Athene brought the olive tree to the Greek hoping to be worshiped in a new temple they were building. Poseidon (in sort of a competition) brought the horse to the humans. Athene's gift was valued higher, but Poseidon was worshiped in the temple as well.
Cutting down the olive trees was considered a very mean act, as olive trees grow very slowly, so it would take decades until the damage was repaired.
Your turn Jason.