Could I loop the fuel return line back into the feed line before the lift pump? Does the return fuel carry air back to the tank?

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1985 300D burning WVO using 26 FPHE, half gallon heated fuel filter,glow plug heater,home made injection line heaters. Home made cold air induction. ALDA full out.
2003 F350 7.3(the last of the great motors)
1987 Paint Horse-non running too, just walks!