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2nd Gen Ram Tech1994-2001 Rams: This section is for TECHNICAL discussions only, that involve the 1994 through 2001 Rams. For any non-tech discussions, please direct your attention to the "General discussion/NON-tech" sub sections.
Water pump or it is common on these trucks for the timing cover to leak. It could be running down and dripping at the pulley. Start at the top of the engine and look for wetness. Check intake area too.