Combine the olive oil, the coconut oil, the beeswax, and the vitamin E oil in a glass jar. I used a pint sized canning jar. Put a couple inches of water in a small saucepan, and then set the jar of ingredients in the water.Place your pan on the stove and begin to heat. As the water heats up, the contents in your jar will begin to melt. You can jiggle the jar around a bit to swirl the coconut oil and beeswax as they are melting. Heat until everything is completed melted.Pour the melted ingredients into a small jar or tin for storage. This recipe makes about 3 fluid ounces of melted liquid and will take about an hour to cool into its finished gel-like consistency.