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The 2001 Ford Ranger requires ATF+4 fluid for its power steering system. This synthetic hydraulic fluid is designed to withstand the pressure and heat produced by the steering system in your truck. If you feel the steering is more difficult than usual, start by checking the steering reservoir to ensure it is filled. If it's low, examine the entire steering system, starting with the lines from the pump to the steering rack. Loose lines may result in fluid leakage.
For your 2001 Ford Ranger, it is recommended to utilize a high-quality synthetic power steering fluid.