Oil Panic is Mr. Game & Watch's Down Special Move in Super Smash Bros. Global Apocalypse. Mr. Game & Watch pulls out a bucket and holds it for as long as the player holds the attack button. The bucket can absorb up to 3 projectiles. When it does, the player can release an oil attack that does damage and knockback, equal to the three projectiles combined. The player can put away the bucket whenever they want to.
Game & Watch - Oil Panic (1982)