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Under the hood? Only thing I can think of offhand is the vapor canister mounted on top of the driver's side inner fender by the ignition module. More info needed. What is it still connected to?
What you described is an emissions device. One end hooks up to the top of the gas tank. The other end hooks up to a charcoal canister below the battery. This is used to vent filtered vapors.
My guess someone tossed the charcoal canister. Now they are venting to open air. Does the truck smell like a gas station?