Fast and Easy Tomato Basil Pasta Sauce

I make this from an quick sauce recipe that my Italian neighbor (a caterer) used to make.  My whole family loves it.

In a small sauce pan, saute a large, chopped shallot in olive oil until translucent.  Add 1 medium can of chopped, peeled tomatoes (Italian if you can find them), 1/2 tsp salt, 1/8 tsp ground black pepper, 1/4 tsp sugar (brings down the acidity), and 2 tbsp chopped fresh basil.  Simmer on low until thickened, about 15 minutes, stirring occasionally.