Re: gas and oil mixture
50:1 has been the norm for years unless you have a VRO pump which varies the ratio as a function of engine rpm.
On a '95 you shouldn't have to mix, seems to me. Merc has had oil and gas separate for 2 strokers since '89 that I know of. My son had a '95 150 and it had an oil reservoir. You should have an oil reservoir containing the 2 cycle TCW-3 oil and you just put gasoline in the fuel tank. The engines oil pump does the mixing.
Mark