strange problem with 99 steering wheel

I've got a 99 XLT with the standard leather wrapped wheel. For the last couple of days there's been a dark, oily substance on the wheel at about the 11:00 position. IT seems to be coming from through the stitching. I'm the only one that drives it and there hasn't been any other dirty hands in there. Has anyone else had this problem or know what it might be?

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Jerry
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