My Oil Pressure Gauge Pegged and Doesn't Come Down!
 

It's the oil sending sensor. It's like 70 bucks and if you change your oil you can change the sensor. But if not, it's like another $30. It's just above the oil filter.
https://i13.photobucket.com/albums/a...g?t=1370737689

I have an extra one on my junkyard motor. PM your address, I'll send it.

I bought one and put it in. I pulled up the on the curb for access. Thanks for the offer though.

My pleasure.

Mines been acting up lately. Where is the sensor exactly?

Make sure not to over torque it during installation