Step 1: Here's what your going to need.
1/4 Cup unpopped popcorn
1/4 Cup olive or corn oil (Olive oil will give it a lighter, cleaner taste)
2 Tablespoons sugar ( I prefer cane sugar)
1/4 teaspoon Salt
One or two quart sauce pan
You may also want to have some safety glasses and an oven mitt handy because it can get pretty wild when things get popping.
Step 2: Let's Get Popping
Step 3: Now you'll have to move fast
After it has heated up a bit, the oil will start to bubble and the popcorn will begin to swell (this will take about 2-3 minutes). As soon as a couple of kernels pop, sprinkle the sugar on top of the popcorn and place the lid on the pot.
Step 4: Shake your..........popcorn
Once you add the sugar, the popcorn will stop popping. It will take it about 30 seconds to 1 minute to start popping again. Once it starts again, you will need to listen carefully to it. The popping will get very rapid and then begin to slow. Once it slows to once every couple of seconds you will remove the pot from the heat and dump it into your bowl.
Just as a note here, you will notice that the popped corn lifts the lid off my pot. Feel free to use a pot with higher sides so this won't happen to you. I just happen to like this pot so much that I can overlook it's short sides.
Step 5: We're almost there
After 5 minutes you will notice that most of the popcorn is sticking together in one big clump. Just break this clump up by hand until there are just smaller clumps of 1 - 3 kernels. Then add your salt by sprinkling it on top and mixing the whole thing together by hand.
Now you're ready to eat!! Yay!