Pressure vessels must be designed to protect against several different modes of failure including plastic collapse, fast fracture, and fatigue failure. The hoop stress in a thin walled cylindrical pressure vessel containing gas at a pressure P is given by
hoop stress = Pr/t
where r is the radius of the pressure vessel and t is the wall thickness. As you can see from this equation, if you hold the pressure and wall thickness constant as the radius of the vessel increases, the the hoop stress increases as well. If you increase the thickness of the walls in proportion to the amount you increase the radius so that the ratio r/t doesn't change, then the hoop stress will remain unchanged. So your instincts are correct. If you increase the cylinder diameter, then you will also have to increase the wall thickness to maintain the same level of hoop stress.
But there are other failure modes that may need to be considered. For failure by general yielding we have
hoop stress = yield stress
For failure by fast fracture we have
fracture stress = KIC/[(3.14*crack length)^0.5]
If we plot stress versus crack length, the criteria for general yielding and for fast fracture meet at a critical crack length, call it ac. For crack lengths greater than ac, the structure will fail by fast fracture at a stress less than the yield stress without warning and with potentially catastrophic consequences. If the largest flaw size in the vessel is less than ac, the vessel will be safe, assuming an appropriate safety factor has been built in.
If the pressure vessel is subjected to cyclic loading, cracks can grow by fatigue, and a vessel that was inspected and passed as safe may become unsafe due to crack growth. We can protect against this failure mechanism by designing the vessel to leak before it breaks. We do this by specifying that the critical flaw size ac must be greater than the wall thickness. Then gas will leak out through the crack before the crack is big enough to run. To be on the safe side take
ac = 2t
and since
KIC = stress*[(3.14*ac)^0.5]
The maximum stress is given by
Max stress = KIC/[(3.14*2t)^0.5]
In order to attain this extra safety, either the pressure must be lowered, or the wall thickness substantially increased.
Maui