P266B Rambler Ambassador shows up when there's an electrical problem that causes the fuel volume regulator to malfunction and open. It's quite an unusual problem and likely intermittent. The PCM then uses this data to provide the right strategies for the fuel delivery and ignition timing of the engine.
Possible Causes :
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You might continue by connecting the scanner to the vehicle diagnostic connector and retrieving all stored codes and freeze frame data. With the valve disconnected, the red voltmeter lead should be attached to the IMRC valve power wire and the black voltmeter lead connected to ground. Oxygen sensors signal the engine management computer the amount of oxygen present in the exhaust, which is used in determining and controlling the fuel ratio.
Diagnostic trouble code P266B Rambler Ambassador is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before P266B Rambler Ambassador.
Fortunately, P266B Rambler Ambassador is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.