Yes, any water in the fuel tank will be absorbed by the ethanol, an added benefit of E10. There is no way for it to absorb other moisture unless you leave the fuel cap off. Don't do that, keep it full of the fuel of your choice. I have had good success with Stabil in small engines. Not sure the value of premium unless the vehicle calls for premium. It's not any better than regular except for anti-knock properties and is mostly blended now for extra profit from people who believe it is somehow better.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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