Place all ingredients, except for the essential oils, in a small saucepan on low heat. If you prefer the double boiler method, you can put the coconut oil, shea butter and beeswax in a small glass jar and place this jar in your saucepan. The saucepan for the double boiler method should contain about an inch and a half of water. Use low to medium heat for this method.
Slowly melt the coconut oil, shea butter and beeswax. Do not burn or bring to a boil.
When all ingredients have melted, turn off the heat and remove from the burner.
Add the drops of sweet orange and lime essential oils and stir thoroughly. You should smell a delicious cola aroma as soon as the essential oils have been added!
Use a small funnel to quickly fill your containers before your ingredients begin to harden.
Let your jars cool in the refrigerator for about an hour until completely hardened.
Store in a cool, dry place. Since coconut and shea are stable, saturated fats, your balm should last for about a year or more if stored correctly. Enjoy your delicious cola scented balm!