New here...and first post! Researched a good bit, but could find my exact issue. Just purchased a ‘93 Waveblaster (mostly stock) on the cheap...didn’t run but has run this season. Thought it was an electrical issue. Took it out for first time after replacing ALL electrical components in electrical box. Ran for about 10~15 min and died. Noticed strong smell of fuel. When got it out of water, the water that drained from the ski was very dark, dirty and “oily.” More water drainer again when home and even stained driveway. Noticed probably about a quarter of the fuel was gone from tank. Seems excessive for such a short time running. The oil injection system is still installed...NOT deleted (yet...but would prefer to keep). It did run best at 1/2 to 3/4 throttle...bogged badly at WOT. So obviously will need to go through the carb...clean, rebuild, confirm jets/air screws, but that doesn’t explain condition of water that drains. Any advice would be greatly appreciated!