A traditional product that has been used for 1oo's of years to keep shop tools in good shape.

   

     I have had my shops in basements for a few years now and have had the damp effect some of my tools.  Tallow is very old school but it works to lubricate and protect my tools. I even use it with steel wool to touch up rust spots on "Big Iron" in my shop.  

   Another trick that works is the candle on the plane bottom or hand saw face.  There are high tech solutions but I haven't found one that is better than these low tech solutions.

  

   It is a good product at a very good price, and a little goes a very long way.  You aren't a Luddite if you like some old school ideas.