1994 C280 with 98k miles.

I noticed smoke from under the car after a 30 minute, interstate drive. I looked and oil had dripped on the exhaust. Next day, put it up on ramps and a good bit of oil is all over the side of the transmission housing toward the front of the car and it is dripping down on the exhaust.

So, where is this oil coming from? Oil is on the housing...but no oil is draining down from above (the engine). It isn't running down from there. Oil wouldn't be coming from the tranny housing, and yes it is oil, not transmission fluid.

Is there something in that area that could "squirt" oil out at higher speed or oil pressure?

Where is this coming from?

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