Not exactly....It is mainly bees wax....But it also has a "softener"...Which is petroleum based....I had never even questioned for many years, but after discussions like this on another site (I think)...I did a little research and even called SnoSeal...Now they wouldn't tell me what percentage petroleum it was, but I figured if I hadn't had any problems with gumming, etc for 20 some years that I wasn't going to worry about....At some of the shoots that I used to attend, guys were actually using wheel bearing grease...I didn't want to go that route as I was a mechanic for years and knew something out there must work that isn't so "greasy"...