What year, engine, and anything else is your Ranger. Mine has just started similar noises and it just hit 68,000 miles. I have been told that if its coming out of the valve covers then its a loose rocker that needs to be tightened and if its coming from the center of the engine then its lifters. Not sure what to think though.
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2003 Ford Ranger Edge 3.0L Vulcan Auto Tranny
MAC Performance Ram Air Intake
Flowmaster Super 44 w/ tailpipe before the wheel
Interior and Exterior LED w/ music interface
Ford Racing front and rear Sway Bars
Limited Slip with 4.10 gears
http://www.cardomain.com/ride/3114321
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