Ghee is one of the most valuable foods and medicines known. Ghee may be used in place of butter (it does not cause cholesterol unless there is already a history of high cholesterol). It is an ideal cooking oil as it does not burn unless heated excessively. I makes a wonderful oil for massage and can serve as a base for herbal ointments (for burns, skin rashes, etc.). Ghee is good for all doshas (Vata, Pitta and Kapha) and is a specific for Pitta. Ghee can even be used for lamps (make wicks from a cotton ball).
Ghee keeps indefinitely without refrigeration, as the elements which cause butter to spoil have been removed. Just remember to keep it covered and free from water or other contaminants.