Peel and quarter potato lengthwise. Grate in food processor on course blade. Make little mounds of potato, about the size of a sliver dollar, on a baking sheet. Flatten slightly with palm of hand. Pancakes should have a spider like quality.
Heat oil in medium skillet over medium high heat. Saute pancakes until golden on one side, about 3 to 5 minutes. Turn and brown on other side, another 3 to five minutes. Transfer to paper towel lined plate. Season with salt and pepper while still hot.