freeradical

Anyone have some imput?

I pulled off the plugs and both seemed to have a similar effect the car did not want to start right away and was smoking. For kicks and giggles I took both off and it still ran(needed more throttle and the check engine light turned on) but there wasn't any smoke with those two disconnected

Ok, Here is the story. I just started driving (ie not supper hot) on the freeway (55mph) and I lost power. The car almost came to a stop then started to spew smoke like crazy from the tailpipe and from under the hood. Under inspection there was oil from under the hood, but I could not tell if it was leaking from anywhere(my theory is that the oil came from the fill cap). I got it towed home. I can still start it but there is smoke coming from the fill cap and tail pipe. I checked compression and the right side had 60-60 and the left side had 170-170. The car has 138000miles I had just replaced the timing belt and oil pump gasket, and CV joint driver side. Does anyone think that it is a head gasket? Or bad rings on both pistons(I am puzzled) Oh and all spark plugs were dark black