Kit's Baked Whiskey BBQ Ribs

2 (2 pound) slabs baby back pork ribs - seasoned with salt, pepper, chili powder
2 1/4 T Vegetable Oil
1/2 cup Minced Onions
1 1/2 cups Water
1/2 cup Tomato Paste
1/2 cup White Vinegar
1/2 cup Brown Sugar
2 1/2 T Honey
2 T Worcestershire Sauce
2 t Salt
1/4 t Black Pepper
1 1/4 t Liquid Smoke
2 t Whiskey
2 t Onion Powder
1 T Dark Molasses
1/2 t Ground Red Chili Pepper

Preheat oven to 300. Cut each full rack in half to make 4 half racks. Rub with salt, pepper, and chili powder, wrap in foil, and bake 2 1/2 hours.
Meanwhile, heat oil in saucepan, Saute onions 5 minutes, then stir in all other ingredients. Bring to boil, the reduce heat and simmer 1 1/4 hours uncovered (until sauce thickens)
Remove ribs from oven, let stand 10 minutes. Remove from foil, and place on hot grill for 3-4 minutes per side. Brush with sauce as they grill.