For the past week or so, my oil light has come on for a split second, when I come to a stop, but that was some times. But today the light stayed on for a bout a second, so I checked my oil. Nothing. Dry. I added a quart ... nothing on the dip stick, dry ... well, its about 5 degrees out and the engine is cold when i checked it. What do I do? Is the engine ok? Why wouldnt the oil light come on when the oil was low? I have 3 qts here and all I use is mobil one ... i dont want to add them in fear that i might have too much oil in the engine ... what the crap do I do? Is my engine toast, is it never going to be the same? I have hit red line several times in the past week, but actually i have drinving it quite easy ... I just bought the car a few months ago, will I get stuck with a bill for a new engine?