Years ago Dove stopped making my favorite moisturizer. Nothing- within my price range- has come close to being as amazing. I'm still sad over that. Anyway... I had some coconut oil for another experiment I was trying and thought why not see if it works. (it would be cheaper than the brand I'm using now) Putting oil on my face was a little scary, and I only used a little bit. It absorbed quickly and three days into the experiment their have been no adverse effects. I did look it up and learned people do use it as a regular moisturizer and for about a million other things.
I found this list (and many others) of 101 uses for coconut oil:
Although I don't think it makes a good lip balm by itself and I certainly have not, nor will I try all of the uses listed. (I'm skeptical of any "Windex" claim.) As a moisturizer I think it works pretty well for the not too dry skin I have.
OKAY, UPDATE!!!!
I found after awhile I no longer liked using coconut oil as a face moisturizer. Too heavy. Now I use 100% Extra Virgin Olive oil. I like it better. I read this is a good oil for dry skin. I have also read grape seed oil works wonders for those with oily skin. We will see how long using this one last.