Preheat the oven to 400ºF. In a bowl, stir together the room temperature butter, olive oil, minced garlic, chopped parsley, and a pinch of salt until relatively smooth.
Cut the French bread into two 12" long pieces, then cut each piece open lengthwise. Lay the bread on a baking sheet cut sides facing up. Spread the garlic butter mixture evenly over the open surfaces of the bread.
Bake the bread for 10-15 minutes, or until the edges are golden brown and crispy. Cut the bread into 2-inch sections and serve hot.