TEXAS CAVIAR

4 large bell peppers diced (any color combination)
1 red onion diced
1 can black beans rinsed and drained
1 can black eyed peas rinsed and drained
1 can white hominy corn
1 cup white sugar
3/4 cup cider vinegar
1/2 cup vegetable oil

Combine sugar, vinegar and oil. Bring to boil (either microwave or stove) While hot, pour over vegetables. Allow to marinate at least 3 hours in refrigerator. Drain before serving. Serve chilled w chips.