Gas mileage for 1968 mustang is very poor

The Edelbrock carbs are simple and do not use a power valve, etc so if the 3 MPG is correct you need to revisit the carburetor and make sure the jets are in the proper holes, the choke is operating correctly, the floats are not sticking, and the mix needles are correct.

Those needles are interchangeable but even if in the wrong spot it’s difficult to see them causing a problem this severe.