Easy question
 

I bought my 2012 mustang GT a few months back (used) with 10k miles. Now i've got an oil leak. Could someone tell me what the bottom right plug is here? I am assuming it is sending unit because is has wires going out of it. It that case, im not sure why it would be leaking oil. How would i remove or tighten it? Im just trying to see if its an easy fix so i dont have to goto the dealership. Thanks in advance

Never mind, just figured out that that is where i spilled oil when i filled the oil last... now just gotta find out why its burning oil

How much are you burning?

If you're not consuming too much oil between oil changes (<1 qt.), try installing a oil-separator to reclaim some of the oil that is being pulled through the PCV lines. I do 6,000 mile intervals with Castrol 5w20 Full-Synthetic (Titanium) and Mobil1 filter and consume ~1/2 qt.

Oil separator is on my list...

I had to add 1.5 qts after 10k when i changed my filter (5k on the oil), bout 1/4-1/2 quart went into the filter. FYI those plugs are the cam position sensors. How many miles are on it?

Am I the only one that questions why ford puts 8 quarts of oil in a 5.0L v8? For Christ's sake, a 8.0L v10 dodge viper only holds 8 quarts. What am I missing?

It acts as a heat sink, the oil absorbs heat and then has enough time to cool down, respectively, while its in the pan. Less oil and the oil temps would be higher.

That plug is part of the the VCT wiring, BTW.
You dont actually 'remove' or 'tighten' them.