Look what I just found:
http://www.cosmeticscop.com/learn/article.asp?PAGETYPE=ART&REFER=SKIN&ID=47
The notion that mineral oil and petrolatum (Vaseline) are bad for skin has been around for some time, with Aveda being the most visible company to mount a crusade deriding these ingredients. According to many companies that produce "natural" cosmetics, mineral oil and petrolatum are terrible ingredients because they come from crude oil (petroleum) and are used in industry as metal-cutting fluid (among other uses) and, therefore, can harm the skin by forming an oil film and suffocating it.
This foolish, recurring misinformation about mineral oil and petrolatum is maddening. After all, crude oil is as natural as any other earth-derived substance. Moreover, lots of ingredients are derived from awful-sounding sources but are nevertheless benign and totally safe. Salt is a perfect example. Common table salt is sodium chloride, composed of sodium and chloride, but salt doesn't have the caustic properties of chloride (a form of chlorine) or the unstable explosiveness of sodium. In fact, it is a completely different compound with the harmful properties of neither of its components.
Cosmetics-grade mineral oil and petrolatum are considered the safest, most nonirritating moisturizing ingredients ever found (Sources:
Cosmetics & Toiletries, January 2001, page 79;
Cosmetic Dermatology, September 2000, pages 44–46). Yes, they can keep air off the skin to some extent, but that's what a good antioxidant is supposed to do; they don't suffocate skin! Moreover, petrolatum and mineral oil are known for being efficacious in wound healing, and are also considered to be among the most effective moisturizing ingredients available (Source:
Cosmetics & Toiletries, February 1998, pages 33–40).
Paula Begoun