* Low Oil Level: The most obvious cause. Check your oil level with the dipstick *immediately*. If it's low, add the correct type and amount of oil (consult your owner's manual). Low oil means the pump can't adequately pick up oil, leading to low pressure.
* Faulty Oil Pressure Sending Unit/Sensor: This sensor measures the oil pressure and sends the signal to your gauge. A faulty sensor can give inaccurate readings. It's relatively inexpensive and easy to replace. This is a HIGHLY probable cause given the fluctuating nature of the gauge.
* Worn or Failing Oil Pump: The oil pump is responsible for circulating oil. Wear and tear, or a failing pump, can reduce its efficiency, leading to low pressure. This is a more serious problem requiring significant repair.
* Thick or Contaminated Oil: Old, thick, or contaminated oil increases friction and makes it harder for the pump to work efficiently. Change your oil and filter with the correct weight oil (specified in your owner's manual).
* Clogged Oil Filter: A clogged oil filter restricts oil flow. Change the oil filter along with the oil.
* Worn Engine Bearings: If the engine bearings are worn, they create more clearance, requiring more oil to maintain pressure. This is a serious and costly issue. You'd likely experience other symptoms like knocking noises.
* Oil Leaks: Leaks in the engine can reduce the overall oil level, leading to low pressure. Inspect your engine carefully for any signs of leaks.
What to do immediately:
1. Check the oil level. This is the most crucial first step. Add oil if needed, but don't overfill.
2. Monitor the gauge closely. If the pressure continues to fluctuate or drop below 40 PSI, stop driving immediately. Continued driving with low oil pressure can cause catastrophic engine damage.
Next steps:
If the oil level is fine, you'll likely need a mechanic to diagnose the problem. They can test the oil pressure directly (using a mechanical gauge) to confirm the gauge reading accuracy, check the oil pump, and inspect for other potential issues. Replacing the oil pressure sending unit is a relatively inexpensive first step, but only if you have confirmed the oil level is correct.
Ignoring a low oil pressure warning can lead to a very expensive engine rebuild or replacement. Address this issue promptly.