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I was cleaning out my 6 gallon plastic tank and as I was shaking it around this taffy like substance became dislodged off the bottom of the tank. Is this what fuel/oil turns into when it sits in a fuel tank for too long?
Phase separation may be the culprit. Even before Ethanol was added to Petrol fuel sitting too long undissolved solids (tar) would settle in the tank. I have ruined many a fine engine crudding it up with old gas.
edit: I didn't see the pic. Mr. GA has your answer. I don't know if I would be touching it. The skin is the largest organ in the Human body. Don't taste it either.