I have a 82 23' Formula Thunderbird with a 260 mercrusier that will run great for about 10 to 12 min then it just runs out of fuel. I can't figure out if its the carb or something downstream towards the tank. It has two fuel pumps, mechanical and electric. The mechanical is brand new and the electric seems to run fine. The fuel filter/water seperator is brand new and shows no signs of water in the tank. The vent seems to be clear as I can blow air thru with the filler cap off. I have even opened up the carb and cleaned out the bowl. I put it all back together and it runs great till 10 to 12mins. I've pulled the linkage off the carb and manually tried pumping the fuel but the carb seems to be dry. Is there some kind of valve between the tank and the fuel pump that could be giving me my headache? Help, please.