When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
It is either the wire for the fuel restriction sensor or the water in fuel sensor. Either one won't hurt a thing being unplugged. I wouldn't worry about it.
^^^^ Fuel filter sensor; it's on the rear side toward the pump on a '95. Just remember to visually check your fuel filter now and then, since you won't have the light.