That totally makes sense about the oil rings. After I posted last I thought about it more.
After doing some reading on my own yesterday evening it sounds like when leakdown testing 3 things can happen. 1. lead out the intake valve and hear it through carb, 2. leak out exhaust valve and hear it through tailpipe, or 3. leak past rings and hear it out dipstick hole or oil filler.
So I 'think' my next check would be a compression test and compare that to factory specs. If its low then I 'think' I could add a teaspoon of oil to the cylinders and see if compression improves. If it does then I 'think' that would tell me that I have bad ring seal.
If I have bad ring seal, how much does that cost to fix? Do you just re-ring or does the whole thing need rebuilt? DAMN DAMN DAMN, IT ONLY HAS 130,000 ON IT WTF?