I found this recipe from Frugally Sustainable, a website/blog with many good resources.
Here is the recipe:
7 tsp. beeswax
6 tsp. coconut oil
6 tsp. jojoba oil
1 1/2 tsp. vitamin E oil ( I pricked and squeezed the gel caps because we don't have the oil by itself)
1 tsp. essential oil ( I used lemon this time)
After that has melted, remove from heat and add the Vitamin E oil and the essential oil.
Carefully pour into the empty tubes. (Be careful, it overflows very easily)
This recipe made thirteen tubes, though I think if I hadn't made such a big mess, it would have made sixteen.
Everyone is happy with the lemon flavor, Lydia says it tastes like lemon bars, but I prefer peppermint lip balm. We will have to downsize the recipe so we can try different flavors, or just give away all the extras.