In my years of working with firearms I was led to believe that a greased case would shear the bolt lugs off.
But in thinking about it, the brass is going to stretch if fired in a dry chamber
Exactly. The brass is going to stretch if fired in a dry chamber and if there is clearance between the case and chamber. This was brought to my attention by Professor Boatwright in his blog, the Well Guided Bullet
http://www.thewellguidedbullet.com/. Professor Boatwright is a Professor of Mechanical Engineering, so his qualifications to talk on this subject are better than mine, and vastly better than any in print, for profit, shilling for industry, gun writer. The latter have been our teachers, and it really shows the lack of professionalism inherent with shills, and that the print industry is profoundly a platform to promote profits for the industry and very little else.
What Professor Boatwright brought to my attention was that if a cartridge had zero clearance, it could not stretch. And if the cartridge did not stretch, it was not carrying load. So, all those neck sized cases are maximizing bolt thrust, just as my greased cases do. Any case that is a little long, ones you have to crunch fit to the chamber, well those things are not carrying load, and thus, they are maximizing bolt thrust.
Once I started from the assumption that the laws of physics were consistent, they have not changed in the last century or two, what dropped out, was that the fearmongering about greased cartridges shearing lugs was a cover up by the Army Ordnance Bureau. I was able to trace it prior to WW1, and I am convinced the Army Ordnance Bureau came up with this to misdirect blowups that were occurring with single heat M1903's.
The remarkable thing is how long this has rattled around the shooting community, when as I documented in my referenced threads, there were so many historical mechanisms that used greased and oiled cartridges. When the leaders of the shooting community don't know the history of firearms, again, it shows nincompoops are in charge.