So I was cruisin along at full throttle when suddenly the power cuts out and slows right down to trollin speed while still at full trottle position. prop still spins fine no feeling of resistance when turning it by hand. It still starts but only in full throttle position. when I disconnect the gas while its running it will eventually speed up to about half power right before it runs out of gas and dies. I tried getting fresh gas and remixing it thinking it was just bad gas but still does same thing. Just replaced the plugs so checked spark and it still sparks fine. I did observe while idling motor in water it was spitting out sludgy globs of oil into the water. I'm not sure of the year of the motor but believe it to b a late 60s early 70s.
I don't know much about outboards this is my first one so any advice is much appreciated.
I don't know much about outboards this is my first one so any advice is much appreciated.