Y
Yes looks like a ship wheel with a metal tube inside, goo color black.Some of the early black caps that looked sort of like a ships wheel as opposed to hexagonal used a metal tank vent that was upper left in operator position in the tank and had a mating hole to breathe in the carb box.
I don't have any XL-12's so I can't be sure if that's what you have.
The old Homelite duckbills were black if you're on a goo lookout in the cap.