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yeah i had the same problem with my 90 f150 you most likely got a cracked piston skirt were the ring sits below the head of the piston. you best bet is to rebuild from there or replace. i'd go with rebuilding the whole engine and all of its componets.my 1987 bronco (carburated) when i take off my air filter lid there is motor oil puddles in the bottom of the filter pan, the oil is coming through the vent tube that goes from the valve cover to the air filter housing. im not sure of the problem.what should i do???