this is not a myth unless you pretend the information contained in those US military intel reports is false . they explicitely contain this information.

here we go (ocr scan)

HEADQUARTERS FIFTH CORPS AREA
OFFICE Of THE CORPS AREA COMMANDER
PORT HAYES. COLUMBUS. OHIO
G-2 July 15, 1941



SUBJECT: Standard 0il Company of New Jersey Ships under Panamean
registry

A. C. of S., G—2,
War Department
Washingtan, D. C.

1. A report has been received from Cleveland, Ohio, in which it
stated that the source of this Information is unquestionable, to the
effact that the Standard Oil. Company of New Jersey now ships undor Panamean registry, transportIng oil (fuel) from Aruba, Dutch West Indies
to Teneriffe, Canary Islands, and is apparently diverting about 20% of
this fuel oil to the present German govemment.

2. About six of the ships operating on this route are reputed to
be manned mainly by Nazi officers. Seamen have reported to the Informant
that they have seen submarines in the immediate vicinity of the Canary
Islands and have learned that these submarines are refueling there. The
informant also stated that the Standard Oil Company has not lost any
ships to date by torpedoing as have other companies whose ships operate
to other ports.

For the A. C. of S., G—2,

CHAS. A BURROWS.
Major, Military Intelligence,
Assist. A. C. et S., G—2