Caramel Apple Cake

1 1/2 cups vegetable oil
1 1/2 cups sugar
1/2 cup brown sugar
3 eggs

Combine oil and sugars; add eggs one at a time.

3 cups flour
2 tsp cinnamon
1/2 tsp nutmeg
1 tsp baking soda
1/2 tsp salt

Combine dry ingredients separately then add to batter and stir well.

3 1/2 cups diced peeled apples
1 cup chopped walnuts
2 tsp vanilla

Fold in apples, walnuts and vanilla then pour into greased and floured 10-in tube pan.
Bake at 325 degrees for 1 1/2 hours. Cool for 10 minutes before removing from pan.

1/2 cup brown sugar
1/3 cup half & half cream
1/4 cup butter/margarine
dash of salt

In a double broiler over simmering water, heat sugar, cream, butter, and salt until dissolved. Cool to room temperature then add 1 cup of powdered sugar; beat until smooth.

Drizzle over cake and sprinkle with nuts.