ADVANCE SCHEDULE No. 03 Date: November 7 , 2007

EXHIBIT 10.31

ADVANCE SCHEDULE

No. 03

Date: November     7    , 2007

This Advance Schedule (the "Schedule") is issued pursuant to and is subject to all terms and conditions of the Credit Card Receivables Advance Agreement, dated as of March 13, 2007 (as amended from time to time in accordance with its terms, the "Master Agreement"), between CREDIT CASH, LLC (the "Lender") and ABLE OIL COMPANY (the "Merchant"). Capitalized terms used and not defined in this Schedule have the meanings given to them in the Master Agreement.

The Merchant has requested that the Lender make an Advance to the Merchant, and the Lender is willing to make such Advance, in each case subject to the following terms and conditions:

	1.	The Advance Amount is: $600,000.00
	2.	The Collection Amount of this Advance Schedule No. 03 is $640,000.00. The outstanding balance of Advance Schedule No. 02 as of November 6, 2007 is in the amount of $296,356.56. The proceeds of the Advance Amount are to be used to 1) payoff in full the outstanding balance of Advance Schedule No. 2 and 2) remit the remaining balance of the Advance Amount to Merchant.
	3.	The Collection Date for all Loans is June 7, 2008.
	4.	The Collection Account Bank and Collection Account are as follows:

	Bank name:	North Fork Bank 0000 Xxxxxxxx Xxx Xxxx, XX 00000
	Routing/ABA Number:	000000000
	Account Name to credit:	Able Oil Company
	Account Number to credit:	2744061470

	5.	The Merchant agrees to repay the Advance Amount by remitting (or causing to be remitted) to the Lender, on or before the Collection Date, the Collection Amount. If the Collection Amount is remitted to the Lender before the Collection Date, the Merchant shall not be entitled to any refund or other compensation. If the Collection Amount is not remitted to the Lender by the Collection Date, Merchant may be subject to extension fees as set forth in the Master Agreement..
	6.	The Merchant grants to the Lender a security interest in the Collection Account (including, without limitation, all Credit Card Receivables and/or proceeds thereof at any time deposited therein) to secure the Merchant's obligation to pay the Collection Amount and to secure all other existing and future obligations of the Merchant to the Lender.
	7.	The Merchant reaffirms all terms, conditions and agreements set forth in the Master Agreement and any Related Agreements and further represents and warrants to the Lender that all representations and warranties made by the Merchant in the Master Agreement and any Related Agreements entered into on or before the date hereof are true and correct on the date hereof as if made on the date hereof.

This Schedule may be executed in counterparts. Each counterpart shall be deemed an original but all of which together shall constitute one and the same instrument. An executed facsimile of this Schedule shall be deemed to be a valid and binding agreement between the parties hereto.

Agreed to:
CREDIT CASH, LLC	ABLE OIL COMPANY
By: /s/ Xxxx Xxxxxx	By: /s/ Xxxxxxxxxxx Xxxxxx
Name: Xxxx Xxxxxx	Name: Xxxxxxxxxxx Xxxxxx
Title: President	Title: President

STATE OF NEW YORK   COUNTY OF NEW YORK ) )ss.: )

On this    7    day of November 2007 before me personally appeared Xxxx Xxxxxx, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he/she is the Managing Member and president of CREDIT CASH, LLC, the company herein described and that he/she executed the same in his/her capacity as an officer of said company, and that he/she signed the instrument by order of the members of said company.

		/s/ Xxxxx Xxxxxxxxx NOTARY PUBLIC
		XXXXX XXXXXXXXX
STATE OF NJ	)	Notary Public - State of New York
	)ss.:	No. 02R16123649
COUNTY OF Xxxxxx	)	Qualified in Westchester County
		Commission Expires March 7, 2009

On this     7     day of November 2007 before me personally appeared Xxxxxxxxxxx Xxxxxx, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he/she is the President of ABLE OIL COMPANY, the corporation herein described and that he/she executed the same in his/her capacity as an officer of said corporation, and that he/she signed the instrument by order of the board of directors of said corporation.

/s/ Xxxxxxx Xxxxxxxxxx

NOTARY PUBLIC

Xxxxxxx Xxxxxxxxxx

Notary Public of New Jersey

Commission Expires 4/11/08