Hi XX XXXXX XXX,
One of two things can be happening here. Either the diaphram in the fuel pump on the side of the engine is busted and pushing fuel into the engine, OR the carburetor bowl float is stuck and fuel is syphoning into the intake and down the cylinders past the rings and into the oil pan. If the engine seems to run ok, I would bet on the first choice. The first choice is also a more likely cause than a float in the carb.
I hope this information helps. If I can assist further feel free to reply here. Thanks for posting on JA.com
Autotech36
Auto Service Technician
ASE certified, GM certified, Chrysler certified