1. In large microwavable bowl, mix cereals, crackers, pretzels and peanuts.

2. In small bowl, stir together oil, water and taco seasoning mix. Pour over cereal mixture, stirring until evenly coated.

3. Microwave uncovered on High about 5 minutes, stirring every 2 minutes, until mixture begins to brown. Spread on waxed paper or foil to cool, about 15 minutes. Store in airtight container.

*Percent Daily Values are based on a 2,000 calorie diet.

Make Chex Party Mix & Make Your 4th of July! Try the microwave version - fast, easy and no baking required. Also available in delicious Lemonade, Taco, Ranch, Barbecue and more. Get the recipes at Chex.com.