Preheat oven to 200F degrees. Gather your ingredients so that you have everything close at hand on the counter or table.
Place pretzels in a roasting pan. (For this recipe you may use 16 oz of regular pretzels or 24 oz of pretzel snack rods.)
Prepare the Spice Mixture
Using a glass measuring cup, combine the vegetable oil, ranch dressing mix, garlic powder, lemon pepper, smoked paprika, and red cayenne pepper. Whisk together until everything is blended.
Pour the spice mixture over the pretzels, stirring as you pour so all the spices are blended in the oil. Be sure to scrape out every drop with a rubber spatula.
Gently stir the pretzels until all are coated in the spiced oil.
Bake the Pretzels
Cover the roasting pan with a lid and place in a preheated oven. Bake for 30 minutes, stirring after 15 minutes and again at the end.
Allow to cool before serving. Store in a tightly covered container for up to a month, although I doubt they will last that long.
This recipe will serve 12-14 people. I like to store them in a 2-quart container, which works perfectly for afternoon snacking.