OK first off this situation on turning hard and oil light coming on it not good.
The 2.4 is known for #3 bearing getting dry and then spinning on your ass. So if you keep up this situation you are putting yourself in a greater chance of having a spun bearing. The 2.4 takes 4.5 quarts of oil. Put 5 quarts in and this will help. The common place for oil leak is the cam towers. However i would check around the timing chain cover and also oil pan. If you think your motor is burning it, check your TB and see how much oil and residue is up in it. you could also pull the PVC hose and see how much blow-by you have. Basically if air intake tube is oil soaked and TB looks like tar on the inside then yes the motor is burning the oil and it needs rebuilt but until then keep a close eye on the oil level.
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72 442 "THE BEAST", 99 Alero - OSV Replica w/ original OSV parts, HURST Dual/Gate Shifter
Beware of the BackStabber
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