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    Why might oil leak out of this hole?

    Hello all, I was working on my boat today and noticed a few drops of oil under the outboard. I have a 2002 Mercury Optimax 225 with 1150 hours on it. I wiped the drop off the skeg and it smelled like gear oil to me. The oil seemed clear (not cloudy) and was blackish gray in color. I tracked...
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