In a large skillet, MELT butter with oil over medium heat.
ADD cashews; COOK three to five minutes or until browned; REMOVE cashews; DRAIN on paper towels; PLACE in a bowl.
In a separate bowl, COMBINE salt, pepper and chili powder; SPRINKLE over warm cashews; TOSS until coated.
Per Serving (excluding unknown items): 2726 Calories; 234g Fat (73.3% calories from fat); 61g Protein; 130g Carbohydrate; 12g Dietary Fiber; 62mg Cholesterol; 1376mg Sodium. Exchanges: 9 Grain(Starch); 4 1/2 Lean Meat; 44 Fat.