Step 1

Heat a large skillet over medium high heat. Chop your bacon into 1/2" chunks and thinly slice onions.

Step 2

Add bacon to hot skillet and cook until almost completely crisp, stirring occasionally to ensure even cooking. Drain off all but 2 tablespoons of bacon grease.

Step 3

Turn the heat down to medium low, and add in sliced onions and stir to coat completely. Cook until beginning to soften, 2 to 3 minutes.

Step 4

Add all the remaining ingredients and stir until sugar is dissolved. Allow to cook slowly until onions are deep golden brown and jam is thickened.

Step 5

Eat immediately or store in the refrigerator for up to 2 weeks, or freeze up to 3 months. Yields about 2 cups.