My understanding of the grease used in springers (from the old days), is that the grease chosen by the manufacturer of the rifle was specifically designed to burn under the pressure of the main spring compression. The burning grease caused air expansion and increased the pressure behind the pellet beyond what the spring would be able to provide alone. The grease is supposed to burn at a specific rate -- not too fast, not too slow. So a grease that doesn't burn is no good and a grease that explodes is no good. A manufacturer chooses a grease that is somewhere between those extremes.
I don't know if things have changed with springers since the old days -- I haven't looked into it.
stovepipe