Creating Caramelized French Onion Dip is simple when you follow these steps:

1. Cook Onions: In a large skillet, heat the butter and olive oil over medium heat. Add the sliced onions.
2. Caramelize: Sprinkle with salt and sugar. Cook for 25-30 minutes, stirring occasionally, until the onions are golden brown and caramelized.
3. Cool Onions: Once caramelized, remove the skillet from heat and let the onions cool slightly.
4. Mix Base: In a mixing bowl, beat the softened cream cheese until smooth.
5. Add Sour Cream and Mayonnaise: Mix in the sour cream and mayonnaise until well combined.
6. Incorporate Seasonings: Add garlic powder and onion powder, stirring until evenly distributed.
7. Combine Onions and Cheese: Fold the cooled caramelized onions and shredded Gruyere cheese into the creamy mixture.
8. Chill Dip: Transfer the dip to a serving bowl; cover and refrigerate for at least 15-20 minutes to allow flavors to meld.
9. Garnish: Before serving, garnish with fresh parsley if desired.

With these straightforward steps, you’ll have a delicious dip ready to impress!