yeah, that'* very high, but don't worry, because it sounds like your sender'* busted. Don't worry, it'* a pretty easy fix, but I don't know a dang thing about 00+, so hopefully someone else will chime in.
OK, talked me into it. I think the old link I posted is broken due to Yahoo moving things around. It does sound like the oil pressure sender is bad. Some get it from underneath, others find it easier from the passenger side wheel well, after removing the tire. Probably easier while changing the oil, as you'll loose a little oil.