1 (10 oz.) pkg. mini pretzels
5 c. Cheerios
5 c. Corn Chex
2 c. salted peanuts
1 lb. M&M'S®
2 pkg. (12 oz.) white chocolate chips
3 tbsp. vegetable oil

Combine first 5 ingredients; set aside. Heat chips and oil on Medium-high for 2 minutes in microwave. Stir once, then microwave on High for 10 seconds and stir. Pour over cereal; mix and stir until smooth. Spread on three waxed paper lined baking sheets. Cool. Break apart. Store in airtight container.