As said before, even power buffing should not build any heat when done properly - just a "touch" is all that's required.
Depending on the wood, I sometimes like CA for the first couple of coats even when using Tru-Oil. I'll sand CA while wet to build a tad of slurry, then dry and sand back to clean bare wood. This removes all the CA, but leaves any open pores/voids filled with CA/wood dust. Then I follow up with Tru-Oil. As Ed (and Bruce) has said, step 1 is to wipe on a good thick coat of Tru-Oil, let sit a few minutes, then wipe off with paper towel. Let dry a couple hours, then repeat step 1 for several coats.
There will be a few sanding between coats as it looks like it might need it, perhaps first time with 400 grit, later with 800 grit, then on to the fine grits. After a few coats build up you'll have a finish that really looks good.
Ken H>