Ingredients:

  Amount  Measure       Ingredient -- Preparation Method
--------  ------------  --------------------------------
   2      ounces        Bacon grease
     1/4  pound         Red onion -- dice fine
   2      cups          Water
     1/2  cup           Honey
     1/2  cup           Red wine vinegar
   2      tablespoons   Dijon mustard
   1 1/2  tablespoons   Cornstarch
   1      tablespoon    Tabasco (optional)

Preparation:

Place the bacon grease in a saucepan over medium-high heat. Add the onions and saute until the onions start to blacken. While the onions are carmelizing, in a mixing bowl place the water, honey, pepper sauce, and red wine vinegar. Using a wire whisk, mix the ingredients well. Add the cornstarch and whisk well. After the onions have carmelized, add the Dijon mustard to the onions and stir together with a rubber spatula. Add the water, vinegar, pepper sauce honey and cornstarch to the mustard and onions and mix. Continue stirring until mix thickens and comes to a boil. Remove from heat and store in refigerator until needed. To reheat use a double boiler.