1970PAValiant
master of the break down
today i just got done rebuilding my carb and put it on my 318. after a nice smooth drive around the city i took it on the highway to the next town over. after 15 mins on there the car started to blow white smoke out of the exaust and was smelling REALLY rich (I did do the timing down correctly and pressure was dead on) there was oil leaking out of my rear seal, my pcv valve, my oil cap, and seeping thru some of my valve cover. when I took out my dipstick white smoke came out of there. so I check my coolant level and it was stil good. starting it the driver side started to make a loud knock (i've been having a slight pinging noise from the rocker arms so maybe it is something of that nature). after 30 mins of letting it cool, I drove it home sounding like a WW II plane. I had no power or acceleration loss whatsoever, and my oil is stil at the full line. any suggestions as to what the heck it is?