Spanish Rice

2 Tbsp vegetable oil
1 cup uncooked rice
1 medium onion, chopped (½ cup)
2 ½ cups water
1 ½ tsp salt
¾ tsp chili powder
1/8 tsp garlic powder
1 small green bell pepper, chopped (½ cup)
1 can (8 oz) tomato sauce

Heat oil in skillet over medium heat. Cook rice and onion in oil about 4 minutes, stirring frequently, until rice is golden brown and onion is tender.
Stir in remaining ingredients. Heat to boiling; reduce heat. Cover and simmer about 30 minutes, stirring occasionally, until rice is tender.