Orange-Vanilla Liqueur

Pare the peel from each orange in a spiral, producing a 1-inch-wide strip; try to get mostly the orange zest and leave most of the white membrane on the fruit.
Put the peels in a saucepan with the 1 cup water plus the corn syrups and sugar.
Bring to a boil and let boil, stirring constantly, 8-10 minutes.
Remove from the heat and add the extracts.
Let cool to room temperature and add the vodka.
Pour into a jar or bottle with a tight fitting lid and let stand at least 2 weeks.