Your 94 probe gt has fuel cutout light on and then battery gauge goes low and high then levels off any help would be great?

The fuel cutout light has nothing to do with your battery level....if the level keeps flucuating (gauge needle going up and down) more than likely the alternator has a problem or you could have an electrical or grounding problem somewhere. I have all of the above at the moment. My gauges kept dancing up and down and then the alternator went. (Oh, the voltage regulator is built into the alternator, so you'll be replacing both at the same time if that's the problem.)