It's definetly the eythenol. It's my understanding that since the vent system for a boat is different from a car the oxygen reacts with the eythenol and breaks it down faster, and water is a by-product. I've seen this a lot the past couple of years. No marinas here sell eythenol gas and there is only one mainland that sells E-Free. The only problems have been from the smaller boat guys that bring the jerry cans to fill up, ie-me!! Luckily, with the old Merc, I pretty much burn through it anyway, allthough I have recently started having some slight issues with idling and what-not.
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Captain Jon
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