Originally Posted by
MrC.
A vented cap only vents one way, air goes in and doesn't come out.
drilling a hole in the cap will let fumes out of the hole into where ever the cap is.
A few options buy a vented cap or tap the filler neck ( at the top near the cap) and screw in a small 90 degree fitting and plumb to the underside of the car, fumes will come out down there.
Gas expands when hot and will build up some pressure which isn't a big deal, sucking the gas out of the tank and collapsing the tank is a big deal and you will have running issues.
I ran into this on my 53 with a new unvented tank, my car would stumble on the top end because it was starving for fuel, a changed the cap and the stumble went away. I bought a vented 55 Chevy cap
the stock s-10 cap should be vented one way inward. Having a slight woosh ( outward )sound on a hot day is common with a factory modern car ( s-10 ), having a inward woosh is bad.
Godspeed
MrC.