Heat 2 tablespoons oil in a saucepan over medium heat
Whisk in 2 tablespoons all-purpose flour
Cook for 1 minute, stirring constantly
Add 2 tablespoons chili powder
Add 1 teaspoon ground cumin
Add 1 teaspoon garlic powder
Add 1/2 teaspoon onion powder
Add 1/4 teaspoon dried oregano
Add 1/2 teaspoon salt
Add 1/4 teaspoon black pepper
Slowly whisk in 2 cups chicken broth or vegetable broth
Add 1 tablespoon tomato paste or 1 cup tomato sauce
Bring to a simmer
Cook for 8 to 10 minutes, stirring occasionally
Adjust thickness with more broth if needed
Adjust seasoning to taste
Use immediately or cool and store in the refrigerator