No, not all oils and greases are the same. There are different types of oils and greases available to you depending upon where you fish, how often you fish and the type of fishing you do. For those who do primarily saline fishing, their needs will be different compared to those who do Ice Fishing and compared to those who do Fly Fishing. In addition to this, you might fish in some very clean water or you might fish in some water which is full of seaweed or other algae; make sure you know your conditions, and find the oils and greases which best meet those conditions.