Add all ingredients to a sauce pan and heat over medium heat while stirring constantly. Once all ingredients are melded together and it has come to a boil reduce heat to low. Simmer for about 10 minutes or until desired consistency. Be sure to cover pan because this sauce likes to pop and splatter everywhere. Pour into jars or other containers while still warm to prevent thickening. This sauce will stay good in the fridge for weeks (although it will probably be used faster) or 3 months in the freezer.