Wow! Thanks for the super fast and extremely helpful response. So, I am getting a bad feeling about this whole thing now.
Anyway, just to clarify geeaea’s question - No there is no other noise accompanying this light coming on or going off. So far as I can tell there is nothing different about the operation of the car (gas consumption, acceleration, etc.)
I spoke to the repair guy again and he said something similar. He said he wants to do the oil-pressure check to figure out if it is just because of a bad sensor switch or the engine wearing out.
The way I understand this now is I have two options,
1.) Get the oil pressure check done, and hope it is just a bad sensor.
2.) Get the oil pressure check done, and if it involves a worn out engine…then upgrade to a higher viscosity oil and hope that the engine won’t quit on me.
Anyway, I use this car for getting around town and going to school. That is about approx 20 miles of driving in the day. I usually go to New Jersey from Ohio (~500 miles) twice a year, but I guess I can’t take my trusted car anymore…(sigh!)