Through the years, the guns I've seen that were damaged from rust, be they carry guns or stored, did not have ANY, or else not anywhere near the amount of oil or rust protection they required applied to them. This regardless of the location. Again, as far as lube and rust protection is concerned, it's not so much what you use, as it is the amount you use. Along with the frequency you apply it. I've found these "Silicone Gun Wipes" they sell are all but useless.
I base that on how many rusted guns I've seen after they were used. By the same token, you can use what you think is the best gun lubricant in the world. But if you allow your weapon to run dry, and it jams or fails to function because of that, it doesn't matter what you lube it with.