All liquids evaporate even petrol.
And about effects on rubber parts, only long term uses can cause it that too with too much concentration..
It can be effectively used to clean combustion chamber deposits once in a year. I know nothing can clean an engine internal sparkling clean, but it will count on long run.


) . Any volatile substance when dissolved in another less volatile one , can't evaporate away like it would if kept alone . Ethanol is very very volatile . But if it would evaporate so quickly when dissolved in water (for example) you would hardly have time to take a sip of your whisky
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