Yup... that sounds a LOT safer. Good luck, if you decide to build it. I may also give it a try. I have a lot of oil sitting around. The only thing I don't know, is what do you use as a pump for the oil? I assume the oil needs to be pressurized.
One way, you could have a bucket with a siphon tube. Seal the bucket and have a fitting with a valve hooked up to a shop compressor. The more PSI fed into the bucket, the stronger the blast of oil. I just wonder if there is any electric pump alternatives to this, it would be a lot simpler.