3 tbsp. butter
1 medium red onion, sliced thin
1 1/2 c. half and half
1 tbsp. flour
3/4 tsp. nutmeg
2 (10 oz.) pkg. peas with pearl onions
1/8 tsp. pepper

Sauté onions in butter. Add pepper. Cook 5 minutes. Add flour until blended. Slowly add half and half. Cook 1 minute. Add peas with onions. Add salt and nutmeg. Heat until warm.