1996 Volkswagen Golf Oil being pumped out of the front of t

Engine Mechanical problem
1996 Volkswagen Golf 4 cyl Front Wheel Drive Manual 120K miles

I have a 96 VW Golf w/ 120K miles. I was leaving my house, and stopped about 200 yards away, got out of the car, but left it running while I ran into the store. When I came out, I could hear liquid being pumped out of the engine. I drove the car back to the house, lifted the hood, and oil was being pumped out of the front of the engine, behind the pullys on the passengers side of the car. The oil light and audible alarm both came on, and I immediatley turned the car off. I drove my other car back to the store and saw that there was a puddle of oil on the ground. I don't want to have the car towed (expense), evaluated (expense), only to find out that the vehicle has either blown a head gasket or cracked the block. Any ideas?