Sift in large bowl 2 cups sugar and 2 cups flour. In a saucepan bring to a boil 1 stick butter, 1/2 cup oil, 4 tablespoons Nestle's Quik, 1 cup water. Pour this mixture over flour and sugar and mix at low speed. Add 2 beaten eggs, 1/2 cup buttermilk, 1 teaspoon soda and 1 1/2 teaspoons vanilla. Bake in a 16"x20" pan for 30 to 35 minutes at 350 degrees.

FROSTING: In saucepan bring to a boil 1 stick butter, 4 tablespoons Nestle's Quik and 6 tablespoons buttermilk. Remove from heat and add one box sifted powdered sugar, 1 teaspoon vanilla and 1 cup chopped nuts. Mix well and pour over warm (not hot) cake.