1 stick butter
1/2 cup peanut butter
1 cup water
2 cups sugar
1/2 cup milk
2 cups flour
1 tsp. vanilla
1 tsp. baking soda
2 eggs slightly beaten
1/2 cup oil

Bring butter, peanut butter, water and oil to a boil. Cool to lukewarm then add remaining ingredients.

Bake 20 minutes at 350°F.