Very likely Greg, if your Ranger is equipped with an air bag the noise could be coming from the "clock spring" in the steering column. If you dont have have an air bag ill bet the noise is coming from the brushes, directly behind the steering wheel. Pop off the plastic collar behind the steering wheel and you will see the 3 brushes that will be dry and in need of lube. Spray some Lithium grease in this area and the noise should go away. If you have an air bag, this will not work, and the noise is probably in the lower part of the steering column where it goes through the fire wall. You can spray the same lithium lube spray in this area. Hope this helps you Greg.