Yes, you are running real rich there, unless neighbor kid is getting a gallon or two every night
My '94 x-cab 4.0l 4x4 with over 300,000 is running at 14-16mpg, with canopy and loaded with tools.
Pull a spark plug see if it shows a rich condition.
Is the engine running at normal temp, just below 1/2 on mine?
Running cooler sounds good but it ain't, burns more fuel and has less lubrication.
So always use the 192-195deg Ford t-stat to get that temp up fast and keep it up.
I would also clean the MAF
http://www.therangerstation.com/tech_library/CleanMAF.html
man I feel like you just said this...

2 similar threads going on at the same time.
