Originally Posted by
Rockledge
Are you sure it's the wheel bearings that are squeaking?
The '98-'00 4x4 Ranger front hub bearings are not serviceable. You will need to replace the hub/bearing assembly as a whole.
Check out:
TRS Magazine - 98-00 Ranger Hub/Bearing Assembly Replacement
IIRC you have also been having issues with the front hubs failing to engage. So you might also consider replacing the original PVH hubs with the AVM manual lockers while you are at it.
My 4x4 has never worked. So who knows! I believe the transfer case motor is bad, but also the hoses in the hubs are rotted and the lines corroded!