RE: Epoxy Reducer?
Thinning epoxy for structural bonding is not a good idea.
But if all you're doing is fuel proofing an area, virtually any of the described methods will work well. I not only use plane ol' rubbing alcohol, I have even used some that I got for free that had mint added for a pleasing aroma.
It's not there for strength, it's just keeping the fuel out of the wood.