Liquid lead-bismuth (Ph-Bi) eutectic (LBE) may see extensive use as a coolant fluid, and perhaps also as a spallation target, in next generation nuclear energy systems. While it is not as reactive as alkali metal liquids, it does present a long term corrosion problem with some materials, notably stainless steels. Mitigation of the corrosion problem may be achieved by producing and maintaining a protective oxide on exposed surfaces, through control of the cencentration of dissolved oxygen in the LBE. We have developed on oxygen sensor based on available zirconia-based solid electrolytes used in the automotive industry, which represents a relatively inexpensive source reproducible and reliable components. We will present the design considerations and characteristics of our sensor unit, and describe its use in the LBE test loop at Los Alamos for measurement and control of dissolved oxygen concentration.