Abstract: Essentially anhydrous energetic compositions, including explosives, propellants, flares, and gas generators, are initially formed at process temperatures above the solidification temperature of contained oxidizer salts as stable, melt-in-fuel emulsions having a continuous fuel phase and a discontinuous molten oxidizer phase. Surfactants are employed which cause the compositions to retain general fuel phase continuity and oxidizer phase discontinuity upon solidification. The final product is a firm or solid emulsion generally characterized by an intimate dispersion of discrete solid oxidizer cells in a fuel continuum, the product having excellent storage stability and water resistance.