engine thats done 308,000 miles now without a rebuild.
That's really impressive mileage. I doubt sump gaskets would be the cause of so much oil loss without first coming to your attention - there would be quite a pool. Check how badly it leaks. Does it smoke? As others have said, if you're burning oil it will be empty in no time, especially at higher revs.
Check also for oil film on the engine which could point to, say, the rocker gasket where it weeps out then evaporates/burns off the engine.
Anyway it won't live on forever so I'd be saving up for a rebuild, hopefully after which it'll do another 300,000 miles!
