OK, I am absurdedly proud that I have popped popcorn on the stove for the first time ever! DH used to eat popcorn 2-3 times a week then quit because he said it tasted funny-microwave popcorn.
Man, it was so freaking easy! 1/4 cup vegetable oil, 1/3 cup popcorn kernels. Put in heavy pot (I used my 5 quart enamelled cast iron Staub) and cover with aluminum foil. Cut a few slits in the foil. You can use the lid, but it may cause the popcorn to have a chewy texture. If you have a lid that that lets steam escape, you are good to go.
Heat over medium-high heat and when you hear the kernels start popping, start shaking the pot frequently. Should be done within 3-4 minutes!
Remove from heat, add toppings and voila! It was delicious and so easy!
Like I said, way too proud of myself, but I had to share.
I do mine in the microwave! Put about about 1/4 cup of kernels in a brown lunch bag, fold over the top twice and then hit your popcorn button. Stove top cooking sounds good too but I am too lazy to wash the pan! I love my popcorn with real butter and then I buy the popcorn salt. Cheaper and much better than those chemicals in the microwave stuff.
I cook it all the time and I always do mine on the stove too as I don't like the taste of the microwaveable ones. I use a lot less oil that you do, Kitsunegrl, and I add a little salt when I add the kernels. I use a glass lid on my pan and it has a steam hole in it, but your idea for foil with slits is just as good. Sometimes I add some butter (just the cream and salt kind) when it's done, sometimes I don't, but either way it tastes fab. I think I'll make some today, so thanks for sharing.