Low Oil Pressure And Leak

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RiggRMortis

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Apr 14, 2015
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Ok, so I just got a 94 Suburban K1500 Silverado about 5 days ago. I've noticed that the oil pressure drops to about 10 psi at idle once it's warmed up, and driving down the road it will sit at 20 - 30 psi at 55 MPH.

Crawling around under the truck today I noticed there's oil on the underside, and on several hoses about halfway up the front of the motor. The oil cooler lines are absolutely covered in it, so I figure they are leaking. So I have some questions:

1. Would a leak like this cause a drop in oil pressure?

2. Could those lines be leaking that far up the front of the motor, or do I have another leak?
 
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