White Chocolate Party Mix

My son's girlfriend brought this over one holiday. I made it just last night for a party and so many people asked me for the recipe. It's great...quick.....and easy!!! Would be great for the holidays as you could include red/green M&M's too!

• Ready In: 10 mins
• Serves: 12

Ingredients

• 10  ounces  small pretzels
• 5  cups  Cheerios toasted oat cereal
• 5  cups  Corn Chex or 5  cups  Rice Chex or 5  cups  Crispix cereal
• 2  cups salted peanuts
• 2 (12 ounce) packages  vanilla chips (Wilton Candi Melts or use Candy Quick)
• 2  tablespoons  vegetable oil

Directions

1. In a large bowl, combine first 5 ingredients; set aside.
2. In a microwave-safe bowl, heat chips and oil on medium-high for 2 minutes, stirring once.
3. Microwave on high for 10 seconds; stir until smooth.
4. Pour over cereal mixture and mix well.
5. Spread onto wax paper-lined baking sheets.
6. Cool; break apart.
7. Store in an airtight container.