Caramel Apple Cake

1 1/2 c vegetable oil
1 1/2 c sugar
1/2 c packed brown sugar
3 eggs
3 c flour
2 tsp ground cinnamon
1/2 tsp ground nutmeg
1 tsp baking soda
1/2 tsp salt
3 1/2 c diced peeled apples
2 tsp vanilla

Caramel icing:
1/2 c packed brown sugar
1/3 c light cream
1/4 c butter
2 c powdered sugar

In a mixing bowl, combine oil and sugars. Add eggs, beating well. Add 1 c of flour and all the dry ingredients. Gradually add rest of flour. Add vanilla. Fold in apples. Pour into a greased and floured 10" tube pan. Bake at 325 degrees for 1 1/2 hrs or til cake tests done. Cool in pan 10 min; remove to wire rack to cool completely.

Heat brown sugar, cream, and butter in saucepan on stove over low-med heat til sugar is dissolved. Cool to room temp. Beat in powdered sugar til smooth, adding more powdered sugar til desired consistency is reached. Drizzle/spread/pour over cake.

Makes 12-16 servings.