6 oz. semisweet chocolate morsels
1/4 c. vegetable oil
1/4 c. creamy peanut butter
6 c. Kellogg's Crispix cereal
2 c. confectioner's sugar

In small bowl, combine chocolate morsels and oil. Microwave on high 1 1/2 minutes or until chocolate melts. Stir in peanut butter. Pour mixture over Kellogg's Crispix cereal. Place confectioner's sugar into gallon size storage bag, add coated cereal and close bag tightly. Shake bag gently until cereal is thoroughly coated with sugar. Refrigerate in airtight container. Yield: 8 cups. Note: Recipe was tested in a 700 watt microwave oven.

Range top directions: In saucepan, melt chocolate and oil over low heat, stirring constantly. Remove from heat and stir in peanut butter. In a large bowl, pour mixture over cereal, gently tossing until well coated. Follow instructions above for coating mixture with confectioner's sugar.