Render the bacon

• Cook the bacon in a frying pan over medium heat until crisp and the pan is coated in bacon grease.
• Remove the bacon and keep the rendered fat in the pan.

Cut the hot dogs

• Make shallow diagonal slits along each hot dog so they open up while cooking.

Cook the hot dogs

• Cook the hot dogs in the bacon grease over medium heat, turning often, until deeply browned and blistered all over.

Caramelize the peppers and onions

• Add the oil to a pan and sauté the sliced peppers and onions with a pinch of salt.
• Cook, stirring occasionally, until soft and caramelized.

Assemble and serve

• Place each hot dog in a bun and pile the caramelized peppers and onions on top.
• Serve hot.