Transfer your white chocolate chips int0 a small glass baking dish (I used a 9 inch glass pie pan but any baking pan would do), drizzle the peanut oil, and use a spatula to coat the white chocolate in the oil. Place in the oven and let bake for 10 minutes. After ten minutes, remove from oven, stir, and place back in the oven. Continue to bake, stirring every ten minutes, until the mixture is smooth and has turned a light caramel color (think the color of light peanut butter). There will be times when you take your chocolate out and it will be chalky but continue to stir it and it should melt back up.