1968 FJ40 - Has a 1977 2F engine. Oil dripping out the weep-hole. No gas smell. No gas smell on dipstick and oil level normal ....
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I thought same, looks more like oil. Touch, smell, taste! If oil see above.Would check you PCV to be sure it's working. Oil is coming from the cam shaft area. Blow by from piston rings could cause this. Might check breather from valve cover to the base of the carburetor. That shouldn't be oily at the air cleaner. Air should be coming into the valve cover to allow the PCV draw any gas fumes blown by the piston rings to be pulled out of the oil pan.