Electrical Coil - The Oil Inside

[roadster68 <roadster68@shaw.ca>]

Hello List and Happy New Years,  I hope everyone had an excellent Christmas 
holiday.  I just went out to work on the roadster.  Saw some oil on the 
inner fender and thought it was from an oil line.  Not brake fluid - no 
smell and no paint pealing.  Looks like it is coming from the hole at the 
end of the coil that holds the main lead wire to the distributor.  I touched 
this stuff.  Is is a plain oil used to keep the coil cool or is it more 
toxic?  May need  new one at any rate.  Larry.