What gets longer when you pull it

Question: What gets longer when pulled,fits between breasts, slides neatly into a hole,has choked people when used improperly,and works best when jerked?

Question: What tastes better than it smells?

Question: What goes in the water black and comes out red?

Question: What two things can you never eat for breakfast?

Question: What asks but never answers?

Question: To many, I am life's source. I am also its most valuable resource. I create and burn my own precious element, and my destruction will be my punishment. What am I?