Oil or oil-free air compressor

Last year I replaced my 23 yr old Craftsman compressor with a vertical Harbor Freight POS Central Pneumatic oil lube unit, 21 gallon. Besides being the loudest compressor i've ever heard, it spits oil everywhere. I've tried every level of oil short of running it with no oil. What am i doing wrong?
Send that Chinese piece of crap back and get a real belt driven shop compressor with an oil sump. Just remember to change the oil and you'll be fine.