frustration

[grim_0288]

i have a 95 mustang gt and its givin me a couple problems i dont know how to fix. first of all after the dang thing warms up it starts making a tapping sound. secondly i cant get a oil reading and the is oil in the car, my friend say i cant get a reading cuz the head gasket is prolly blown. what do you think is wrong with both issues.

[copermn]

I'm not sure if I'm right on this or not. But that ticking sound, seems to be a loose rocker arm. I had 7 loose ones on one side of my engine. Open up your valve Cover and see if they're loose, and if they are just tighten them up a bit.

and a head gasket being blown, and not gettin any oil? That makes no sense whatsoever. If you have the car on and look at the header you should see if you have a blown gasket / feel it. You're car would lose power from that. The oil thing, hmmm. I'm not sure on.

[Soaring]

As alluded, the ticking is most likely your valve tappets either loose or not getting enough oil.  As far as pressure, the first culprit I would think of is an oil pump about to go south.  That may also be the reason why your valves tappets are clicking.  Not enough pressure.