Anne Hathaway & James Franco Reenact Grease In Oscar Preview

Anne Hathaway and James Franco redo Grease?  That's what is appears is happening in this clip of the pair dressed up as Sandy and Danny during the Carnival Scene where John Travolta and Olivia Newton-John sang "You're the One That I Want."

The clip showed up on a YouTube channel called JFranco1238 and it is the only video on that channel.  Could be a sneaky way for Oscar producers to send out a viral ad for the upcoming show on Sunday?  Of course.

According to sources, the video will be used during the opening number at the Oscars on Sunday.

Nevertheless, we are completely intrigued and can't wait to see what the pair some up with for their opening numbers.  Oscar producers have revealed little about the ceremony, but we do know the opening number will be a montage of clips and live appearances of movies throughout the years.

The Academy Awards will air live on ABC Sunday February 26 at 8 ET/5 PT.