Apparently, oil in a running engine is under pressure. The suspicion was that the distributor O-ring was leaking. Maybe a quart every few hundred miles or so. The thing is, there was no evidence of a leak, other than a puddle and missing oil. So, the engine was running, and observation was in progress, when a geyser of oil suddenly erupted. The O-ring is toast. I guess it is safe to say that the leak is coming from the O-ring.