Combine the following in a Medium Saucepan over med heat. 2 cups water 3/4 cup light corn syrup 1/2 cup tomato paste 1/2 cup vinegar 3 tablespoons molasses 3 tablespoons brown sugar 1 teaspoon liquid smoke 1/2 teaspoon salt 1/4 teaspoon onion powder 1/4 teaspoon pepper 1/8 teaspoon paprika 1/8 teaspoon garlic powder
Continually whisk the mix until it comes to a boil & then reduce the heat to simmer. Cover it and allow it to cook for 40 -50 minutes, stirring occasionally. The sauce should be thick.
Refrigerate 24 hours before using. (Everything tastes better if you leave it overnight!)