Dangerous Feature.

Traveling at 65mph in cruise engine light and at oil light comes on and im'e in middle lane engine dies,horns blasting behind me swerving around me SCARY!!! managed to drift onto hard shoulder shut down an restarted no problem but warning light still on went a 120 odd miles in slow lane too scared too travel in middle or too over take anyone. Whats the problem here PLEASE???.

 

Go have your codes read.

 

did you check all the fluids?

 

It sounds like you lost oil pressure momentarily or at least the ECU thought you did. Have the codes read at Pep Boys/Advance Auto/Auto Zone for free and go from there.

 

The problem is asking a bunch of strangers on the internet while telling us more drama than facts.

As mentioned, you need to have the codes read as a starting point. With those in hand someone here can likely point you to the problem area.

 

Ditto. No drama, Just the facts.

 

If theres NO codes almost sounds like loss of voltage like bad connection, short, bad ignition switch. Do you have bunch of crap on key ring?

 

Nothing quite like calling it a feature as though Toyota intended it to happen.

 

Kind of a shot in the dark, but going of previous experience..

You may have trash in your oil which is getting caught in the mesh screen inside the valves. The VVT system attempts to adjust accordingly, ends up throwing a code.