Holiday Garlic Olives
["2 (7 1/2 oz.) jars large or jumbo, pitted, ripe olives (undrained)", "1 1/2 tsp. chili powder", "2 large cloves garlic, crushed", "2 bay leaves, crumbled", "1/4 c. virgin olive oil", "1/2 tsp. whole black pepper", "1 small onion, sliced", "1 (4 oz.) jar pimientos, drained and chopped"]
["Drain olives; save liquid.", "In small saucepan, combine 1 cup olive liquid, chili powder, garlic, bay leaves, olive oil, pepper and onion.", "Heat to boiling.", "Reduce heat; simmer 5 minutes, uncovered.", "Stir in pimientos.", "Place olives in a large jar; pour seasoning mixture over.", "Cover.", "Refrigerate.", "Make at least 3 to 4 days prior to serving.", "Makes about 3 cups."]
["or jumbo", "chili powder", "garlic", "bay leaves", "virgin olive oil", "black pepper", "onion", "pimientos"]