Ingredients

4 bacon strips, chopped

1/4 cup extra-virgin olive oil

3 pounds yellow onions, peeled, halved, and thinly sliced

1 teaspoon coarse salt

2 tablespoons white-wine vinegar

1 1/2 cups mayonnaise

1 cup sour cream

1/4 cup vegetable oil

3 small shallots, thinly sliced into rings

For serving: potato chips, celery, carrots, or other raw vegetables

Preparation

In a small skillet, cook the bacon until the fat is rendered out. Drain bacon, reserving the fat in the pan.

Heat olive oil in a large skillet. Add onions and salt. Cook onions over low heat, stirring occasionally, until they are soft and deep golden in color, about 1 hour. Add water if needed. Add the vinegar in the last minute of cooking. Cool to room temperature.

In a large bowl, stir together the mayonnaise, sour cream, onions, and bacon.

Add vegetable oil to the skillet with bacon fat. Reheat on medium-high until the oil shimmers. Add the shallots, lower the heat, and cook until golden brown, stirring occasionally, about 2 minutes. Drain, and garnish dip with fried shallots.