1 stick butter
1 c. water
1/2 c. peanut butter
1/2 c. oil

In medium saucepan cook ingredients to a boil.

2 c. sugar
2 c. flour
1/2 c. milk
2 eggs, slightly beaten
1 tsp. vanilla
1 tsp. baking soda

Mix and flour pan. Bake at 375 degrees for 20-25 minutes.

PEANUT BUTTER FROSTING:

1 stick butter
1/2 c. peanut butter
1/3 c. milk

Cook on stove until boils, turn off heat - add 1 pound confectioners' sugar and frost Peanut Butter Cake.