Ingredients

1 onion, chopped fine

2 tablespoons unsalted butter

3 tablespoons olive oil

1 cup long-grain rice

1 small green bell pepper, chopped fine

1 small red bell pepper, chopped fine

3 garlic cloves, minced

1/4 cup firmly packed chopped fresh basil leaves

a pinch of saffron threads

1 to 1 1/2 cups chicken stock or canned chicken broth

1 pound large shrimp (about 16) shelled and deveined

1 cup shelled small fresh peas or frozen, thawed

lemon wedges for garnish

Preparation

In a large skillet, preferably cast-iron cook the onion in the butter and oil over moderately low heat, stirring until it is softened. Add the rice cook the mixture stirring for 3 minutes and add the bell peppers, the garlic, basil, and saffron and 1 cup of the stock. Bring the mixture to a boil stirring and simmer it covered for 10 minutes. Add but do not stir in the shrimp, the peas and the remaining 1/2 cup stock if all the liquid is absorbed and simmer the mixture covered for 8-10 minutes or until the shrimp are pink and just firm and the rice is tender. Serve the paella garnished with the lemon wedges.