Hoppin' John (Vegetarian) - cooking recipe

Ingredients

2 tablespoons peanut oil
1 tablespoon butter
1 large yellow onion, finely diced
2 bay leaves
1/2 teaspoon dried thyme
1/2 teaspoon dried chipotle powder or 1/2 teaspoon regular chili powder
1/8 teaspoon ground allspice
4 cups frozen black-eyed peas or 4 cups rehydrated black-eyed peas
1 teaspoon salt
fresh ground pepper, to taste
1 cup long-grain white rice

Preparation

Melt butter with oil in large, heavy saucepan over medium heat. Add onion, bay leaves, thyme, chili powder and allspice. Cook, stirring often, until onion is lightly browned, about 7 minutes.
Prepare rice by your preferred method.
Add black-eyed peas to the onion mix; cover with water. Increase heat to medium-high; heat to a boil. Lower heat to a simmer; cover. Cook until peas are just tender, 20-25 minutes, checking pan and adding more water if needed. Uncover; cook over medium heat until water is mostly absorbed, about 5 minutes. Season with salt and pepper, to taste.
Remove bay leaves. Serve over rice.
Note: I used vegetable broth instead of water. My broth had no salt, if you use a commercial broth, cut down on or eliminate the salt.