Hello medic welcome to YT! What are doing with the
tractor while running it when it is ..runs fine..? Those
bigger gas tractors use a lot of gas when working hard.
If you look at the data from testing on that tractor
when it was new you will see it will use over 8 gallon an
hour under a heavy load. This means under full load
you need a little more than a pint every minute coming
in the carb. I am going to copy and paste the rest of
this in from another post I made on a Ford today and
hopefully I get it all changed to apply to your Oliver.
There a should be a drain plug in the bottom of the
carb. Get something to catch the gas, a clear container
is best so you can see if there is crud in it and/or what
the crud looks like that comes out. It will flow faster at
first as the gas in the carb bowl drains out in about 5
seconds or so. But then it should continue running at a
smaller steady stream. If it slows down to barely much
more than a dribble your carb is simply not getting
enough gas. You should do a 2nd round test with an
actual pint measure to see what the actual flow is. I am
going to say for the most part just driving the tractor
down the road by itself up and down hills it might
require 4 gallons an hour. So get a pint measure and
open the carb plug let the first 8 seconds or so drain
into something else. After that catch the flow in your
measuring pint. To get almost 4 gallon an hour you
need to fill that pint in 2 minutes. If your fuel flow is
inadequate I believe there is a fine screen in the fitting
that screws in the carb for the gas line to connect to,
see link. Turn off the gas and pull that out to check it
for being plugged. When you have the line off open the
gas valve and direct the line in the container and check
for a good flow there. If the flow there is questionable
you will need to check out the sediment bowl below
the tank which should have a round screen in the top
of it that sets above the top edge of the glass. Also
sometimes crud or debris gets in the opening where
the gas flows out of the tank into the top of the
sediment bowl. Take a good flashlight and look down in
the tank and see what kind of debris you see floating
in the bottom that may plug things up. Aside from this
a faulty ignition coil can act similarly, usually when
they go bad they get very hot. Also a faulty condenser
can mimic this issue as well. These days getting a new
one that is good is a real crap shoot.
Example carb inlet strainer fitting