I made some excellent lip balm a while back. It is similar to Saje's Vanilla Spice Lip Balm.
Lip Balm
7.5mL candelilla wax
5 mL cocao butter (approx measure)
5 mL almond oil
5 mL hemp seed oil
1 mL vitamin E
1 mL jojoba oil
essential oils (3 drops cinnamon, 2 drops vanilla)
yields approximately 3 tubes