I wonder if it's the fuel pressure regulator, if it even has one?
I had a ranger that had a vacuum operated regulator and it ran like shit (but still ran), a guy told me to pull the vacuum line off the regulator after running it fo a few minutes and see if it had fuel coming out of it. This ment the diaphram when out in the regulator which would cause flooding while driving it.
Other then that I have no clue
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