Using a Teflon pan- place olive oil in the pan and when it is hot add rice -- fry till nicely brown. Reduce heat -- add bell pepper, onion, and garlic and continue to sauté. After about 5 minutes or so add water, chili powder and salt. Place lid on skillet and turn heat down, simmer gently. When the water has all evaporated-10-15 min later- slide the lid off of the skillet about half way so the steam will escape so your rice is not wet. While rice is simmering check it to see if you need a little more water and be sure to taste it before serving.