Sorry Jim. But water freezes long before oil, methanol or nitro. I will have to try it now with some old fuel and see for myself first hand. I'll report the result later.
Has anybody got a fork or spoon? I have to eat some humble pie.
I poured a good "glug" of water into some fuel and immediatly the fuel separated out into 3 levels, methanol on top, water in the middle and oil on the bottom. It looked promising.
After placing it in the freezer, the water began to disappear and be absorbed by the methanol. NO ice formed after 24 hours at minus 15 degrees C.
It basically became an Antifreeze Solution.
Either I was bulls**ted to by several people or they were just innocently perpetuating the myth. Sorry guys, for the misinformation. This myth is BUSTED!!