If it were only the injection pump!
These 3.5L diesels have a long and sorry history of bending their connecting rods - probably metal fatigue. The #1 and #4 pistons are usually affected and are no longer square to their cylinders causing the cylinder walls to be scored. The engine surges, burps, grunts, begins to burn oil and finally is no longer reliable. This will not be cheap to fix, sorry.
Many of these 3.5L have been rebuilt and replaced at considerable expense to owners. You'll find more information from a Google search. also see:
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- search for S350