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That is the fuel pressure regulator, could cause running problems anytime. Small hose to atmosphere.Brian
An early FI document showed the nipple connected to manifold vacuum, I suspect it was supposed to do something to the mixture but the ECU takes care of that, my EV has the regulator mounted on the frame with just a line going back to tank, same idea though.The regulator sets the pressure at 45psi and the nipple should be open to atmosphere.