I like both alcohol and non-alcohol aftershaves and I wanted to try Master Bay Rum because online the ingredients I read stated it had Glycerine in it and might have a slight moisturizing affect. I ordered the 8 ounce size online. However, when I received it in the mail I read the ingredients and no Glycerine was listed. Ingredients are water, Bay Leaf oil (Bay Leaf is Pimenta Acris Leaf oil), denatured alcohol (alcohol is SDA 40) and two yellow colors. It smells great and I havent used it yet but will soon. Apperently it's very simple and basic and must get it's fragrance only from the bay leaf oil so kudos to Master's a good basic product that get's it's fragrance from a nature source only...I would not expect this at the low cost. Does anyone know when Master's stopped putting Glycerine in their bay Rum? I'm also wondering if the Bay Leaf oil has any moisturizing affect?...I kind of doubt it but wasn't sure.