When the car is idling, the oil pressure reads under 30, but as soon as I touch the gas, the needle shoots up and goes past 60, like it's maxed out. So whenever I'm driving around the gauge is pegged past 60 - do you think the sender is just bad? Any help is appreciated. Thanks!

 

When I broke in the cam on my 388 the oil psi pegged at 40, asked the builder about it, and he said to change the oil filter, which I had to do anyway, problem solved.
Problably due to a weak filter bypass valve spring, not good because unfiltered oil is getting into the engine.

 

well I've changed the oil filter several times since I've had the car with no effect