Your supposed to have your fuel line running to the carb, not to your catalytic converter lol...Sounds like you have a no-fire on a cylinder and its flooding just that one.
what do you think Trail?? Could be a faulty wire? possibly a hammered valve?
catch it in a cup as it comes out-light a match and see if it burns-most likely it is water vapor that is coming out and condensing.
Thats what I was thinking.
Condensation that smells like gas.
That's a really bad valve, causing no fuel burn and then it goes into the exaust.
What puzzles me is that it's not apparently getting ignited by the running cylinders.
I have to ask this and it's kinda joking but, the car is running and you have raw fuel out the exhaust???
Or it runs out when the car is not running?
Sounds like condensation water to me. Does it do it when the engine is cold or hot?
How much? Drops or streams? I have only seen this is a late 90's Dodge van when the regulator went bad and it pumped fuel straight through the motor, filled the converter and muffler, and dumped the rest out the tailpipe. I'm talking tons of fuel. However, it couldn't possibly run and was hydrolocked. I have seen floats stick on carbs and dump fuel down the motor which could conceivably run to the exhaust, but again, with that much fuel, it ain't gonna run. I suspect you have condensation.
Somewhere in between. Remember when it is floored it smokes real heavy.