here ya go friend - this is exactly how I (and many others) have changed the fuel filler neck grommet w/o having to drop the fuel tank:
http://www.stangnet.com/mustang-forums/748604-how-replace-fuel-filler-tube-gasket-pics.html
the method and way to do it in that above links works 100%... just put aside some time and you'll have that swapped out in no time, w/o having to deal w/ dropping the tank.
As others have stated, also check for fuel vapors coming from the charcoal canister AND it's rubber lines coming off of it. This is located behind the passenger side inner fender liner. You have to remove the liner to locate the lines & the canister itself. The canister is filled w/ charcoal and over time, this can become saturated w/ fuel vapors, thus being in need of a replacement. The rubber lines are prone to dry rotting and cracking. You can easily replace those lines by going to your local auto parts store and getting new rubber fuel line.
The (2) 94/95 5.0 fuel lines coming off of the steel feeder lines found under the chassis going up into the engine bay to the actual intake fuel rails are also prone to leaking (which can cause a fire). I'd read up on those as there are many different ways one can replace or upgrade those lines. A fuel leak at those lines is a very common issue w/ the 94/95 5.0, because those lines are not metal like the 93-86 EFI engine bay fuel lines. There have been reported instances of vehicles burning up due to deteriorated lines.
One last thing - the actual fuel filler neck can rot out as well, and if so, the area of deterioration will be at the bend which can be seen in the trunk (once you remove the trunk liner). It's been known to be a common issue that the area of that bend can be peforated and/or rotted out and the holes cannot be seen because it's under the bend. So, check the fuel filler neck completely for any soft spots, holes, etc. The fix is to replace the filler neck.