Mercruiser 888 302 ford alpa 1,, changed out fuel pump
and found milky oil?? I mean milky where you put the fuel pump into the side of the engine,,,tell me whats wrong now or the possibilities thanks
If that's the only place you found milky oil then It's probably just condensation.It might have gotten there from too much water in the bildge.
Clean it out and re-install ,lube the shaft and check it after using.Jerry