Caramelized Red Bell Peppers and Onions

In a hot saucepan over a medium heat combine red peppers onion oil and butter; saute for 2 minutes. Reduce heat to medium-low and continue cooking stirring occasionally until the onions and peppers soften.

If desired stir red wine into the vegetables and cook until the wine evaporates; approximately 30 minutes. Season with salt pepper and basil.