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lip, skip, and boogie 

To put in a lip of chewing tobacco, enjoy it, and go on with your day with a wonderful buzz.
One guy says to another: "Lets lip, skip, and boogie, man."

skippin with a lip in 

self explanitory, the act of skipping school with smokeless tobacco or dip in your lip
yeah man we got caught skipping yesterday. its a good thing we hadnt taken it to the next level ,we were about to roll out that bitch skippin with a lip in