i have an oil leak right by the transmission on the buttom of the motor, plz help is it a gasket problem or is something broke ????????

 

How many miles on this creampuff?
Could be the rear main seeping. Is the dist. 'O' ring okay and it's not leaking all the way down?
Best thing to do is blast it all clean with a spray can of brake cleaner, then drive around[ 5 miles on the highway] and recheck . You can remove the Torque Converter shield to be able to check closer. Also go ahead and run the oil pan bolts with a 10 mm socket to be sure they are all tight. 10ftlbs on the pan bolts, about as tight as you can turn the ratchet with your wrist at the ratchet head.

 

130 000 miles, new timing belt, and water pump, imma do what u say tomorrow and see what happens.

 

I have/had a similar problem 1993 with 191K on it. My own ring in the Dizzy was leak, replaced the whole unit. Valve cover gasket was replaced. Then replaced the oil pan gasket. It appears that the oil collects on the black crossmember that gets in the way when your changing your oil filter. It also appears that my leak is seeping near the oil filter housing.

If you figure out what yours is, post it up. It will be one more thing for me to try!