2002 Ford Taurus

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2002 Ford Taurus 6 cyl Front Wheel Drive Automatic 72800 miles

I have a 2002 ford taurus with aprox 72800 miles on it. About 2 months ago my check engine light came on and soon after my oil pressure light came on, but my oil pressure light only flickers on and off when I drop below 1000 RPM's my question is would the oil sending unit make my check engine light go on and I would also like to know if there can be a more serious problem making my oil pressure light flicker below 1000 rpm's ( I also get a burnt oil smell once and awhile and my oil level is fine ).
February 11, 2008.

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