So for the last few months I have noticed a burning oil smell coming from my 03 V8. This evening when I started it, the light was just right, and I saw that the burning oil/smoke is coming from the right header, at what I believe is the O2 sensor. Is that probably just a broken seal / bad sensor that needs to be replaced, or indicative of something more serious? I will put a wrench on it tomorrow first chance i get and see if it is just loose.