[/SIZE]The pick-up is the tube in your tank that picks up the fuel. It's a part of the sending unit and has a "sock" on the end which may be clogged. Once I used orange RTV to seal my sending unit to the tank on a 64 300, big mistake....! It found its way into the tank and after driving for awile would find its way into the fuel pickup and stop the fuel flow.
After sitting awile it would drop back into the tank and the car would start and run again..... Until it found it's way back into the pickup. It took a couple of rollback rides home before I figured that out.
Read the above post Will is answering your question. The pick-up comes out very easy, just make sure you have less then half a tank before you remove the locking ring.
I woke up at about 4am, said "I SMELL GASOLINE", farted loudly, and went back to sleep.
sure enough, when i went out to look at the car this morning, the sending unit ring was leaky.
I have the old ring and new ring in hand, and they are not the same. im gonna recenter the gasket after comparing gasket thickness to the old one and then put the old metal ring back on. when the gas quits dripping on my head.