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I have a Siera brand water separator on my 1974 Sport with a 40hp Tohatsu. I was advised by a friend to check the bowl and release any water from it. I did that for the first time yesterday and tons of green liquid (that smelled like gasoline) came pouring out. I wasn't sure I should have done that, so I stopped. There is still a lot of liquid in the separator bowl. Is this normal? Shouldn't it be just clear water? Should I empty it all the way and see if it improves? Is my fuel filter shot?

Thanks all.