Sift together flour, baking powder, baking soda, cinnamon, salt and sugar -- Stir in uncooked oats.
Add Egg Beaters, oil, orange juice, grated orange peel and water; mix until well blended --.
Add raisins; you may cut the amount of raisins by half if you're not a big raisin lover or eliminate them entirely. Mix well, but do not overmix -- Pour batter into greased and floured 8½ X 4½ loaf pan --.
Bake in the preheated 350°F oven for 55-65 minutes or until it tests done.