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In a large bowl, combine first five ingredients; set aside.
In a microwaveable bowl, heat chips and oil on medium-high for 2 minutes, stir once.
Microwave on high for 10 seconds; stir until smooth.
Pour over cereal mixture and mix well.
Spread onto waxed paper laid on your kitchen counter. You can also line 3 cookie sheets with wax paper and spread mixture onto cookie sheets.
Cool on counter or refrigerator; break apart.
Store in an airtight container.
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