OK, well if it's anything like mine, it's a motorcraft 2 barrel, and the idle mixture adjustment screws are on the front of it, sort of underneath and hard to see or reach. if you turn them in, you make the mixture leaner, and if you unscrew them, it gets richer. This adjustment, however, really only affects idle mixture, and has little or no affect on total amount of fuel used unless you're doing alot of idling. If you lean it a little bit, you may get better mileage in the city, or during winter when it idles alot...
Anyway, to adjust them, the easiest way is to screw them in til they seat, but be gentle, then turn them both out 1 turn, start the engine, and see how it runs. It may need to be richer, but be sure that you adjust both sides evenly.
Beyond this, removal and disassembly of the carb is nescessary.
You can also try retarding the timing, or using a hotter thermostat. Basic tuneup and air filter might help too.