Combine butter, oil, lemon juice, tarragon, lemon peel and pepper flakes to make a marinade.
Place fish steaks on broiler and brush with half the marinade.
Broil under pre-heated broiler, 2 inches from heat, for 4 minutes.
Turn the steaks, brush with remaining marinade, and broil until fish flakes to fork (about 4 more minutes).
Salt and pepper to taste and serve immediately with lemon wedges.
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