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are you sure its oil and not just your mixture? and i second the alternator, classic symptoms of an alternator going out. probably a good idea not to drive any further then you are willing to drive on battery power alone! do the meter thing, make sure you check for DC voltage. if all good, it should be in the 14s, or at least high 13s. low 13s and 12s are pretty much only battery power and once that goes, no more power brakes, power steering, lights, engine, anything.
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