I found my problem  My oil pickup was resting on the bottom of the oil pan. I took the timing chain cover off and had a look inside. I was able to get my pry bar in there and pry it up. Pressure is back to normal. Thank god i didn't have to pull the motor
Thanks for all the replies.
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88GT, 331Stroker,FMS 70mm TB,77mm Pro-M mass air,Ram Air,K&N,GT40/Exployer Intakes,Gasket Matched,FMS 24lb injectors,Crane hi-6 ignition system,B303 cam,Crane 1.6RR,FMS underdrive pullies,351W/heads,port/polish,FMS h/f oil pump,Hedman headers,2 1/2in H pipe Flow Masters,190lph Holley fuel pump,Center Force dual friction,FMS 3.55,Hurst short throw/ trigger T handle,Subframe connectors,Welded torque boxes.
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