Jane, I, too have heard/read about the peroxide formation on stored containers of ether.
Worthy of note is *where* I've read about it: in relation to bottles/cans found on back shelves of high school chemistry or biology labs, for the most part, where a forgotten container has had literally years to sit and oxidize. If the container is well sealed, the formation of peroxide is quite slow, and if you're using the ether rapidly enough to go through a container in less than, say, a year, you're in much more danger from accidental ignition of the vapor than from formation of the peroxide.
If you see a white crust around the stopper, call the bomb squad; do NOT attempt to open, move, or dispose of the container. But if you rotate your supply you'll never see that white crust.
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