My fiancée and I have been infusing oils with peppers for a while now. We currently have one infused with ghost pepper and one infused with scorpion (care of /u/TheKingOfPoon).
They work really well in pastas sauces, and I love using them in curries.
Curry recipe, for those interested (all measurements/times approximate):
All the spices are modifiable and you should taste as you go along to get the right blend. The peppers are obviously modifiable, but I find the above mix with the infused oil tasty (and I can't make it too spicy or my fiancée won't eat it). Modify the chicken/potato ratio as you see fit.
Add oil to a pan and allow it to come to temp. Add peppers and sauté the mixture for a short while. Add the mustard and cumin seeds and toast until the mustard seeds begin to pop. Add the garlic as they start to pop and sauté for a short time. Add the onion and allow it to cook until translucent. Add the potatoes, water, chicken, and all spices. Allow to cook for around 20-30 minutes. Taste as it cooks and adjust spices accordingly. Add peas. When the potatoes are fork tender add the yogurt and reduce heat. Allow to cook for a short while longer. Serve with basmati rice.
Sorry if the measurements and time are a bit vague. I've been making it for a long time and just do it by instinct at this point.