How do you get rid of old stale gasoline?

While working on the barn find Saab, noticed that the fuel gauge was showing a half full reading. I dismissed this as a false reading, but later pulled the fuel cap off and took a sniff - the unmistakable sweet, sweet varnish smell. So I need to drain 3 or 4 gallons of old gasoline. But what do I do with it after that?

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