In a pinch...
I keep some WD-40 on hand. Easy to carry and use, especially at night when you do not want the fishing to end. (Why is it your equipment always works like a champ when you are pulling in mung by the pound???) Not the best thing to use for a final fix, but easy to use when you start binding up... I mean the reel binding up, although I guess it might work in either case.
When you get home, clean it out and grease it up.
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