Since I mentioned cheap solenoid valves, I thought I'd better take a look... 3 minutes found this one, $53, and I'll bet you can find even cheaper deals. 8262H022 12/DC Asco Solenoid Valve 2-Way NC 1/4 | ASCO 2-Way Solenoid Valves 1/4 NPT - 12v DC | Valworx 'ョ'
I remember almost buying one for a project that was going to cost me $30 something... 12V, of course.
Good ideas...I'll look some more. I think the valve needs to be "normally open" and the ground completes the circuit to stop fuel. That way, it will not be constantly activated and more liable to burn up/give out. The other one you posted has BSP, which will be hard to find fittings.
The problem with normal materials of construction, is that liquid petroleums often cause swelling of the gasket materials (especially certain kinds of plastics typically found in water valves).
I'll take photos as the items come in and assembly starts. The valve I think is the last piece to the puzzle. On the oil pressure, I'll simply tap into the warning light ground to shut off the relay. I got a good deal on a Murphy 518APH-12 kill switch on ebay. Thanks for the ideas and interest!
John