2005 Lincoln Aviator white smoke and no power

I am blowing white smoke, the truck has hardly any power, I can maybe go like 5 mph. The PCV hose isn't the right one but it has worked thus far and I have never had the EGR valve checked. The vehicle just lost power and started spitting white smoke when I was on the highway the other day. It appears that there is a lot of oil or some form of fluid around the oil filter. I was a little past my oil change, could a used up or bad oil filter cause any of these issues?