Step 1.
- Chill an Old Fashioned glass by filling it with ice water.
Step 2.
- In a separate mixing glass, add 2 oz of rye whiskey and 1 sugar cube.
Step 3.
- Dash 2-3 dashes of Peychaud's bitters over the sugar cube and muddle until dissolved.
Step 4.
- Fill the mixing glass with ice and stir well until chilled.
Step 5.
- Discard the ice water from the chilled Old Fashioned glass.
Step 6.
- Rinse the glass with absinthe, swirling it around to coat the sides, then discard the excess.
Step 7.
- Strain the rye mixture into the prepared glass.
Step 8.
- Express the oils from a lemon twist over the drink and drop it in as a garnish.