This classic caramel cake features two layers of fluffy cake topped with a delicious caramel frosting. The perfect cake for a potluck, fancy party, or holiday gathering!
Using an electric mixer, mix the butter with the oil until combined. Add the granulated sugar and brown sugar and beat them together on medium speed for 3 minutes.
Add the eggs one at a time until fully mixed in. Stir in the vanilla extract and add half of the dry ingredients and mix until combined but don't overmix.