Oil pressure please help

could be a lot of miles on the 360 by the sounds of it. make sure to run proper oil (not straight weights it should be 10w40 or 20w50 stuff like that.)

you could drop the oil pan replace the oil pump, but it would only be a bandaid for now. your oil pressure would be perfect then, but usually when the pump is worn out the rest of the engine needs work.

so your #1 best bet right now is to keep your eye open for a running 360 for sale. (stay away from craigslist everything runs great on there lol).

find a 360 core. bank up some cash. have it freshened up. bored over if needed, fresh bearings, rings, oil pump, etc. start working on it now.

that way, you can keep driving & enjoy the car now (light gas pedal please on the tired 360) and when you get the new 360 ready you can swap it in.