Oil on belts... [updated w/ pics], how bad is this? Options

[Abraxis64]

Okay, so i just recently changed my accessory belt b/c it had a small tear in it...ended up actually breaking the tensioner bolt so i had to get that replaced and stuff. so, anyway, the acc belt starts squealing like a banshee again and i'm wondering why, since it's brand new (i re-tensioned it after the first couple drives with the new belt, although it's all by feel since i don't have one of those guages the big book says to use).

anyway, i popped open the hood and i think i discovered why it's squealing--i've got oil splatter marks right in the area around where the belts/sproket is/are and a nice littel band of black on the underneath part of my hood. now, this looks like it's pretty bad, but what could have sprung a leak in this area? i'm not very familiar with toyota motors, as i've owned hondas all my life. perhaps it's just a minor gasket (what's in this area? starter? something else?). maybe i'll be able to get a pic or two up later...but does this problem sound familar to anyone?

thx in advance

edit: i realized it'd probably be helpful if i specified what type of engine this is--it's a 99gt liftback, autotragic, 2.2L

edit:
oil spray underneath hood
dirty communist oil invading my engine bay
oil splatter on pulley/sprocket thing

This post has been edited by Abraxis64: Jun 11, 2006 - 8:13 PM

[pure_dx]

isn't it normal to squeak?? how many miles on it? i have a belt squeak too, happens as the car warms up and stays squeaking, not loud, but noticable and im not losing any liquid, check to see if you're losing coolant, because when i had a waterpump leak, my belts were squeaking like crazy.