Chuck, I never have used any teflon tape on brass-to-brass fittings, and never have had a leak from one in my lifetime. That's in both industrial maintenance applications (my real job) and on my truck and my friends' trucks. Brass-to-steel, now, that's a different story. I'd use some there, just in case. (never had any leaks there, either, but going by advice from old-timers at work) Pipe dope compound, just a little goes a long way on these small fittings. With teflon tape, be careful not to get any strands hanging down inside. Do not use anti-seize compound.
Uh, guys, for the rest of you reading this, the test gauge & hose I'm selling, does not need any sealant on it.
Chuck is talking about where the schraeder valve I supplied him with for his 98. 5, screws into the fuel filter housing. Not between that valve and the gauge hose.