About an hour before serving time, remove the steaks from the refrigerator and allow to come to room temperature.
Once at room temperature, bring the grill to a high temperature. (We use a gas grill, and I turn it on to the highest setting). Allow the grill to reach at least 500 degrees.
While the grill is preheating combine the salt, garlic powder, onion powder, and black pepper in a small bowl.
Slather the steaks with olive oil and rub the spice mixture over the steaks.
If using a gas grill, turn off the middle burner. Put the steaks on the hottest part of the grill to sear. Sear both sides of the steak for 1 minute each.
After searing, move the steaks to the middle of the gas grill (over the burner which is turned off) or of with indirect heat.
Cook each side for 3 minutes or until it reaches an internal temperature of 145 degrees. The steak will be about as tender as the section of the palm of your hand directly below your thumb.
Remove the steak from the grill and allow to rest for 5-10 minutes.