Smoke from under hood and through vents

[dlicata]

My 04' is going through a good amount of oil it seems, and is now smoking from under the hood. It also blows the smoke in to the cab when the heat is on.
I looked down through the hood and there is no evidence of oil at first, but when I look up through the bottom of the engine bay, there's oil all over the place- on both sides of the block and a lot near the steering rack. I need some insight on whether this is leaking valve covers or something more...

It also does not appear to be blowing blue smoke from the exhaust pipe

 

[turblediesel]

Sounds like an oil leak onto exhaust manifold or pipe.

 

[ltd02]

Check valve cover gaskets. The right side at the back corner seems to be a common leak point. Like turblediesel said, drips right down on the exhaust near the O2 sensor.

 

[LibertyTC]

A good way to tell if it is the valve cover gaskets is to run a paper towel around/under the covers at rear sides & see if it is wet with oil.
A lot near the steering rack- hmm...near the oil filter?

 

[renegade 04]

Sounds like 2 leaky valve cover gaskets. My jeep had leaky valve cover gaskets as well, nothing wakes you up more then smelling burning oil in the morning.

 

[JeepJeepster]

I've always read the oil pressure sensor just above the oil filter is bad to leak. That may be the only thing thats not leaking on my 04...