If your oil pressure drops when warm, either your oil pump is shot, the screen on your oil pump pickup tube is clogging up, or your oil is about 30,000 miles overdue changing. The knocking you hear is your engine shredding itself internally due to overheated parts grinding against each other due to lack of lubrication.
yes Engine is wearing out.
u need a new OPTISPARK
Which pressure. - More info gets a better answer.
internal pressure increase
No, warn engine parts will cause loss of oil pressure as the engine warms up, due to expansion betweeen moving parts. Hot oil is thinner.
it may be the oil pressure sender located on the engine
You may have a faulty oil pressure sending unit. remove the sensor and hook a pressure gauge up to it and get the gauge in a position the you can see it while driving. Get it up on the thruway and see if it is in spec. If you don't address this asap, there is potential to wipe out the motor.
The exact number isn't as important as how much the pressure gauge fluctuates. Watch the gauge when the engine is first started. It should go up somewhere near the middle. That's the point at which the pressure bypass engages. Then watch the oil pressure after the engine warms up. If the oil pressure drops significantly AT AN IDLE when the engine is warm, you have worn main and/or rod bearings... but WORN doesn't mean WORN OUT. If the engine is still able to maintain oil pressure, even though it drops a little when warm, you can raise the oil pressure by changing to a heavier (thicker) grade oil. If you've been using 5W15, change to 10W30 or even 15W40. You'll be surprised at how much of a difference that can make.
its your opti-spark / the distributor. or it could be in you fuel pressure regulator, ive had the same problem in my 96 Z-28
Nothing is wrong. Drive it. It could be the oil pressure sensor starting to go bad- mine did the same thing This is normal. Oil is thicker when it is cold. As it warms up, it becomes more fluid and the oil pressure tends to drop. If it oil pressure drops when you come to a stop and increases as you accelerate, everything should be ok.
Could be a bad oil pressure sending unit Try a manual gauge to determine actual oil pressure Could be excessive engine wear (bearings) Could be a weak oil pump Try a heavier viscosity oil i.e. 20W-50
Here is the address to the International Full-Size Jeep Association website: http://www.ifsja.org/index.shtml Plenty of info, know how, etc.