If I simmer a melange of sweet and hot peppers in peanut oil, will it bring out more flavor? Chemically, what is the result of gently simmering veggies in oil?
My intuition is to first brown onions, garlic, sweet peppers and various hot peppers in bacon grease till aromatic. Then add the mixture to simmering peanut oil and simmer for a long time (several hours). Then let cool and refrigerate for long time (over night to 2 weeks). I'd think this would create a deliciously flavorful and spicy oil.
Maybe even strain out the peppers and blend the peppers to make into a hot sauce? After this simmering process, will there be any interesting flavors left in the peppers?