Cut chicken wings into three sections; discard wing tips. Sprinkle with salt and pepper. In a skillet over medium heat combine 2 tablespoons butter and oil. Fry chicken until brown. Place in a greased 13x9x2 inch baking pan. In a saucepan, combine taco sauce, barbecue sauce and french dressing. Worcestershire sauce, hot pepper sauce and remaining butter; cook and stir over medium heat until butter is melted and sauce is blended. Pour 1/2 cup over the chicken wings. Bake uncovered at 300 degrees for 15-20 minutes or until chicken juices run clear. Serve with remaining sauce.