Ole Red's Smokehouse Chili - Edible Nashville

Ingredients

• 2 teaspoons olive oil
• 2 teaspoons butter
• 36 ounces tomato paste, diluted with 20 ounces water
• 8 cups white beans, drained
• 3 to 4 medium onions, chopped
• 2 poblano peppers, smoked and chopped
• 2 cloves garlic, minced
• 1/4 cup brown sugar
• 2 tablespoons molasses
• 1 cup chili powder
• 1 teaspoon ground cumin
• 1 teaspoon oregano
• 1/2 teaspoon sweet basil
• 1 ounce hot sauce
• 1 teaspoon salt
• 1 teaspoon pepper
• 4 pounds smoked pork, brisket, or chicken