Combine first five ingredients in a very large bowl. Melt chips and oil in microwave: medium powere for two to three minutes, stirring once, then 10 seconds on high power. Stir until smooth. Pour over dry mixture and mix well with a large spoon, being careful not to crush the mix. Spread on waxed paper. Cool and store in airtight containers. For gifts, scoop into cellophone bags, use a "twistie" tie and then add a colorful ribbon.
1 package (10 oz.) mini pretzels
5 cups Cheerios
5 cups Corn Chex
2 cups salted peanuts
1 pound Christmas M & M's
2 packages (12 oz. each) vanilla (white chocolate) chips
3 Tablespoons vegetable oil
This is yummy! Just the right blend of salty and sweet! I made two big batches yesterday. They are ready to give to neighbors and friends.