1In a blender, combine the oats and milk. Blend until the oats are finely ground and the mixture is smooth.
Add the egg, baking powder, salt, and honey to the blender. Blend again until all ingredients are well combined.
Heat a non-stick skillet or griddle over medium heat and add the butter and oil.
Pour about 1/4 cup of the batter onto the skillet for each pancake.
Cook until bubbles form on the surface of the pancake and the edges look set, about 2-3 minutes.
Flip the pancake and cook for another 2-3 minutes, until golden brown and cooked through.
Repeat with the remaining batter, adding more butter or oil to the skillet as needed.
Serve the pancakes warm with your favorite toppings.