Preheat a wide pan to medium heat.
Cut the bacon into small pieces and fry until crispy.
Remove the bacon from the pan and set aside.
Add jalapenos to the pan, then remove them as well.
Add fresh pepper to the bacon grease in the pan and cook for 20-30 seconds.
Reduce the heat to low and add flour to the bacon grease.
Mix well, scraping the bacon bits from the bottom of the pan.
Once the flour is incorporated, add one cup of whole milk.
Stir continuously until the gravy begins to thicken.