In a large saucepan, melt the butter in the oil. Add the onion and cook over moderate heat, stirring occasionally, until softened, about 5 minutes. Add the rice and cook, stirring, for 2 minutes. Add the broth and a pinch of salt and bring to a boil. Cover and simmer over very low heat until the broth is absorbed and the rice is al dente, 45 to 50 minutes. Remove from the heat and let the rice stand, covered, for 10 minutes. Fluff with a fork. Stir in the roasted peppers and serve.
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