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3rd Gen Ram Tech2002-2008 Rams: This section is for TECHNICAL discussions only, that involve the 2002 through 2008 Rams Rams. For any non-tech discussions, please direct your attention to the "General discussion/NON-tech" sub sections.
i may be wrong but the oil has metal fragments in it from all the moving parts in the engine, like microscopic ones that can be lifted up to the cap with the oil gases and when it sits up there with water condensation all the metal rusts, so yes it is rust.
Yeah, that's not horrible. I was picturing much worse. Change the oil, then in a week or so go for a nice long drive to really heat up any water and boil it off. Maybe do that a couple of times, then change the oil again. Should be fine.