Video: http://RNR-Marine.com/Mack-Attack/MOV01 ... er-Gas.MP4
The fluid at the top is gasoline, which is now low octane, so it needs octane booster. Octane booster with MMT (I use ValvTect Octane Boost) is the trick. It will raise it 20 points (+2 full Octane number, so 89 goes to 91 for example).
The bottom fluid is a mix of Ethanol bonded with water (about 50/50), which sinks. Ethanol initially separates and floats to the top, where it combines with moisture in the air and gets heavier and eventually sinks when it reaches a high enough moisture absorption. This will NOT burn.
My fuel polisher sucks off the bottom of the tank, through a T-Valve where I run the initial fuel into a glass 5-gallon carboy until I see a difference in color.
Then I turn the T and run the fuel through Parker Racor Fuel Filters (with clear plastic drain bowls) - 1st a 10-micron and then a 2nd setup with 2-micron, which Parker Racor claims will pull all of the Ethanol/Water mix out of my fuel.
Finally, the fuel is sucked through the 35gph Mr. Gasket pump and goes back into the tank through he fuel fill.
All mounted on a rolling wooden cart (no sparks) and powered by a long cord through an Ancor Marine-grade, spark-proof breaker switch to a 12VDC battery.
I ran my fuel through this all weekend and the results were great.