wildman
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Myth maybe but like all myths are rooted in fact. The magnet has an effect on the diesel bug which is the cause of the jelly like substance. Just google diesel bug for more info. As for running a car on water it is not a stupid as it sounds either see here.Put a magnet on the tank? This is an urban myth surly! Like the old one about the Arabs buying all the patents to the formulas that turn water into fuel, but under the present climate expect a rash of other such claims!
http://www.runyourcarwithwater.com/?hop=5startech