Keep mixing on low setting and pour in milk and oil. Next, add sugar, flour, and finish with baking powder. Combine all the ingredients well, switching to a higher setting for a few minutes, until the batter is perfectly smooth, with no clumps of flour.
Baking
Heat a non-stick pan (the one you would use for crepes) over the highest temperature. Before you make the first pancake, lower the temperature to medium heat. Pour 3 tablespoons of batter one by one in the middle.
Your sign to flap the pancake is when the bubbles appear on top – that will take a minute maximally. The exact time is needed for the other side, as well. So, 2 minutes per pancake is optimal for baking them perfectly, but still keeping the moisture in.
Making the Peanut Butter
Blend peanuts for several minutes at top speed until you are satisfied with the consistency. Add a few drops of milk if you want it extra creamy. This time, I kept the butter slightly grainy to add some texture, so blending took me about 5 minutes.
Serving
Take a pancake, spread a generous layer of peanut butter, top it with the jelly of your choice, and flap it like a taco. Enjoy!