"The Frugal Gourmet'S" Southern Barbecue Sauce - cooking recipe

Ingredients

3 cups beef broth (or 3 cups water and 3 beef bouillon cubes)
1 (6 ounce) can tomato paste
1 teaspoon salt
1/2 cup granulated sugar
1/4 cup brown sugar
1/2 cup prepared yellow mustard
1/4 cup white vinegar (cider will do, also)
1/8 cup liquid smoke
1/2 cup Worcestershire sauce
1/2 teaspoon crushed red pepper flakes
1 tablespoon chili powder

Preparation

Combine all ingredients in a large saucepan.
Simmer SLOWLY uncovered, stirring occasionally, until thickened.
(approx 1 1/2 to 2 hrs.) (Watch it closely because it will burn if your heat is too high).