AM skip is normally referred to a skywave, that is, radio waves bouncing off of the ionosphere high above earth and back down to the ground. What I believe you're talking about is 'groundwave' propagation (since radio waves also follow the curvature of the earth, whether that be land or water) There is a skywave component to propagation (generally at night on AM/MW) and there is also a groundwave component to propagation day or night) Water has the highest conductivity, so oil must certainly be lower, how much lower I have no idea. Depending on the percentage of oil in the water that would likely lower the conductivity of the water. I personally don't want to find out - I, like many of us, hope the gushing oil well is stopped and cleanup begins - hurricane season is coming soon...the thought of a hurricane churning up the waters of the gulf with that oil mixed in - that's sickening. I don't care to find out if it enhances or reduces DX reception...