Rings would also have smoke out the pipes on acceleration or up a hill.
Concentrate on the PCV system if you don't have smoke out the pipes. PCV valves are available for partially open systems (open element air cleaner with filtered breather oil cap and pcv valve plumbed to carb base) and closed systems (closed oil cap with tube to closed air cleaner with pcv vlave plumbed to carb base). Mix these valves up and you can have a mess.
Mine is open so I changed to a Hi Po 66 Mustang PCV valve. Closed is stone stock with your year of Bronco. I had a few valves laying around so I experimented until one works. They have different vacuum ratings and, I believe, they are stamped on the internal part that rattles around. Try some different combos or years of valves.
All in all, key in what changed. I've had my engine get a bit hot and do a simple burp. Then, all clear. Who knows why it burped? Who cares since it's cleared up.
Good luck,
Mikey