Re: Truck cranks but does not Start... BLown head? bad carb? off timing?
Sounds to me like the float is probably sticking, so it's flooding the engine. Maybe its set too high? Or maybe the needle seat isn't just right and its letting fuel by? That's not too hard to check. That would explain the fuel in the oil, and also the not starting if it's flooding? Definitely drain the oil and get that fuel out of there.
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