Xrt1500 white smoke abd gas in oil

I have a 05 Xrt1500 that has oil in the fuel and is smoking. I did a compression check with it running both sides are about the same 140 psi. The crankcase vent hose is really oily and is puffing white smoke kinda. It randomly loses power, then puffs white smoke, but sometimes runs awesome. I am lost to what is can be. I did check the spark on each side, looks good to me. The oil smells like gas.
Ideas?