Re: Water in Truck oil from putting boat in water.. Possible?
Just a thought; I was told my a local mechanic that the ethanol in the fuel these days is slowly ruining all of our engines because it produces water condensate in the cylenders. Perhaps if the truch has set for long periods of time between uses, the water has had a chance to drain past the rings into the oil. Seems odd but is a possibiity. If that is the case (there is no real way to be sure) the only fix would be to run the engine regularly.
Unfortunately your mechanic doesn't know the chemistry behind an engine... Burning fossil fuel produces condensation, ethanol by itself is not significantly better or worse. Doesn't make any difference at all what the fuel is, burning a hydrocarbon molecule releases hydrogen, some of which attaches to oxygen. That comes out the cylinder as water. (as well as carbon oxides) (just as a FYI, chemically, combustion of ethanol produces slightly less H20 compared to gasoline...)
Anyway, that water does not exist as liquid water EVER in the combustion chamber. And if it did, it wouldn't hang around long... Think of what happens when you shut an engine down. It keeps turning a couple of cycles without any combustion, so if there was any water, it is long gone. If you had any amount of water in a cylinder, you would know it the instant you turned the key to start the engine. (say goodbye to your rods, they don't like staying inside the block if you try and compress water)
(yes, ethanol does have other water issues, this isn't one of them...)