Put oil and butter in a large sauce pan.

Mix in garlic and shallots. Cook until browned.

Add crushed tomatoes and tomato paste.

Cook uncovered for 12 minutes on Med-High heat.

Boil and cut asparagus into one inch pieces.

Add asparagus to sauce.

Add bacon and cook uncovered until liquid has been evaporated.

Add salt, black pepper, and crushed red pepper.

Add in heavy cream and vodka. Turn heat up to high and mix. Let cook on high for 2-3 minutes.

Add parmesan and mix.

Let sit for a few minutes, then serve over penne pasta.