If the engine is running hotter, you may be smelling oil and dirt burning on the engine. As far as the temp, I would try replacing the thermostat and flushing the cooling system to see if that helps. Also, when the oil light comes on, do you hear a knocking or ticking from the engine? IF not, chances are the oil sending unit is going bad. It's not expensive or hard to replace.
Let me know if you have other questions.
Joe
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Saturday, June 20th, 2009 AT 11:00 PM