Help with Fiance's Ford Ranger

What would explain the oil on the plug?

What is also very weird about the whole thing is that it just happened from sitting in a garage. There was no sort of warning at all. Ran great yesterday and not at all today.

Do you have access to a SnapOn scanner or something equivalent? Many times the cheapo scanners don't pick up all the stored codes. I just went though this on a 2002 Taurus.