It sounds like a bad oil pump or plugged pick up screen. THe only way to be sure that you are not getting pressure is to get a manual gauge at the parts store (most will lend or rent them) and unscrew your oil sending unit and screw the manual gauge in. IT will give you an accurate oil pressure reading.
If it has none, shut it down. You will then need to remove the oil pan to check the pick up tube and pump. If you go that far, I would recommend replacing the pump.
I am assuming the oil level is full.
Let me know if you have other questions.
Joe
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Monday, December 7th, 2009 AT 11:25 PM