Ole Red's Smokehouse Chili - Edible Nashville

Ingredients

• 2 teaspoonsolive oil
• 2 teaspoonsbutter
• 36 ouncestomato paste, diluted with 20 ounces water
• 8 cupswhite beans, drained
• 3 to 4medium onions, chopped
• 2poblano peppers, smoked and chopped
• 2cloves garlic, minced
• 1/4 cupbrown sugar
• 2 tablespoonsmolasses
• 1 cupchili powder
• 1 teaspoonground cumin
• 1 teaspoonoregano
• 1/2 teaspoonsweet basil
• 1 ouncehot sauce
• 1 teaspoonsalt
• 1 teaspoonpepper
• 4 poundssmoked pork, brisket, or chicken