Lose of oil pressure @3000rpm

Zephyr 5.0

New Member
I have a '99 Ranger XLT with 4.0/5speed 173,000m. Oil is full, when I get around 3grand Oil Guage wavers. I haven't yet dug in to see if it's wiring. I'm thinking bad filter as I changed it 1000miles ago and never drove anywhere but in town. Anyone else ever have this?
 
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