yes get rid of it and yes the drywall will be orange red color this is common when drywall ages it turnes this color and more so when covered with acoustic or popcorn as you called it so this is what you do I think they still sell kilz out there in oil base go to home depot the can is white with red weighting on it.

In oil exploration, there is those trying to schlep there "sure thing" venture.

Feds threaten man on oiled Florida beach: "ILLEGAL TO DIG"

Once we pass peak oil, you might see rates of inflation above naturally occurring growth related inflation.

I change my oil and filter every 5,000 miles, without failGood clothes, well taken care of should last a very long time, shoe trees!

Also check with your insurance and make sure such a thing is covered.A lot of people rent out rooms to visiting oil men or medical students.

While there are high efficiency natural gas (94-96 AFUE) and oil (85 - 88% AFUE) boilers available, they will not match the efficiency of a modern ducted or ductless heat pump.  

Sure hope oil prices stabilize and congress gross a brain.  

Oil and nat gas stocks will have a nice year.

First thing to go is the unregistered car that is dripping oil in the backyard.