Actually, something similar happened with me a few years back on my chevy corsica. I was driving on the highway and felt that the shifter area was getting warm/hot. I immediately pulled off the road and upon further inspection, noticed that my cat was glowing red hot. But the car didn't have any symptoms of rough idle, or running on partial cylinders. I had the car towed and got the cat replaced, plus, got a tune up done right after. My mechanic told me that the engine must of been dumping some unburned fuel in the exhaust for the cat to get red hot like that. By the way the old cat was totally burned out, completely hollow inside, I guess the innard must of melted away. This obviously wasn't oil related as I regularly had it changed.
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