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Some said they would never use it on stamps because it is a petroleum product and here Rileysan says the new Ronsonol uses a petroleum distillate in its formula. What's the difference between the two and in your opinions, is the WD40 pen bad?
Both formulas of Ronsonol use the petroleum distillate, Naptha.
Naptha is from petroleum just as alcohol is from (corn, rice, potato, etc) - the end products resemble nothing like the original. Although naptha is a petroleum product, it is a solvent that evaporates quickly and leaves behind no residue.
WD40 is a lubricating oil made from "non-volatile, viscous oil" that is dilluted with a solvent, Aliphatic hydrocarbons (naptha), to lower the viscosity and allow the oil to penetrate crevises. After application, the solvent quickly evaporates, leaving behind the lubricating oil.
In short, if applied to a stamp, WD40 will leave behind an oily stain but, I might add, does have the benefit of giving your stamps a pleasant odor

Brian