4 tbsp. (1/2 stick) butter
4 tbsp. all-purpose flour
salt and pepper, to taste
2 1/2 cups milk

Melt butter in saucepan over low heat. Blend in flour, salt and pepper; cook until smooth and bubbly. Stir in milk. Heat to boiling on medium heat, stirring constantly. Stir and boil 1 minute.

Makes enough gravy for 1 can refrigerator biscuits.