Fire and Water is the third studio album released by English rock group Free. The album became the band's breakthrough hit, reaching #2 in the UK charts and #17 in the US, making it the most successful Free album. This is due to the album containing the hit single "All Right Now" which they later played to a crowd of over 600,000 people at the 1970 Isle of Wight Festival, generating great popularity. To date, it is the only Free album to have seen a CD reissue in America.
In 2001 the album was reissued with extra tracks, consisting only of alternate versions of songs already on the album. They include an alternate vocal take of "Oh I Wept" and a remix of "Fire and Water" to correct many of the production deficiencies that the original contains. This version of the song does not fade out; instead Simon Kirke's final drum solo is performed to the end resulting in this version being twenty-one seconds longer than the album version. A BBC Session of this song is also included.
The extra tracks also include three different versions of "All Right Now": one is a BBC session recorded at the same time as the one for the title track; one is the edited version that was released as a single.