Left petcock leaks intermittently. It only happened once but when it did it flowed as though it was completely open and could not be turned off. I'm assuming it was leaking all winter and that explains the missing gas..
A casual internet search came up with petcock rebuild kits for years up to 1980. Tomorrow I'll look into it more. Any help in this direction is appreciated.
While it's not "the Airhead Way", I wouldn't bother rebuilding fuel petcocks. Readily available, and too critical and too cheap ($60 each for new Karcomas, per the MAX site) to dink around with, IMHO.