I had an 87 merc with the exact same symptoms and after checking out everything that had to do with fuel I still had the problem. I took it to a mechanic and he found that 1 of the power pacs ( 2 in that engine) was cutting out at high speed. He replaced it and problem solved. I would still start with the fuel system - simple things first.
Give a man a fish and you feed him for a day ...
show him where to fish and ... you'll be sorry
This new gas can cause filter clogs for the first few tanks, I had a problem like that last year. But if you have used a few tanks of it you should be fine.