Thai Peanut Sauce

4 tsp peanut oil
1/2 Cup minced shallots
4 garlic cloves, minced
1/2 tsp crushed red pepper
6 TBS creamy peanut butter
2 TBS hoisin sauce
2 tsp dark brown sugar
3/4 Cup water
1 TBS fresh lime juice
1. Heat oil in a heavy saucepan. Add shallots, garlic and crushed red pepper; cook over low heat until fragrant and just beginning to color, about 3 minutes.
2. Whisk in peanut butter, hoisin, brown sugar and water. Bring to a boil, reduce heat and simmer 1 minute. Stir in lime juice
3. Serve warm or at room temperature, makes 1 1/2 cups.