This is an ambitious book that attempts to cover financial engineering and risk management topics in energy markets, including oil, natural gas and electricity. The result is somewhat disjointed. For example, one elementary section explains why forward prices may differ from spot prices. Later in the text, an advanced section employs stochastic calculus to define price models. Both sections could not possibly appeal to the same audience! The fundamentally different natures of the oil, natural gas and electricity markets makes a unified treatment difficult. Also, many discussions lack depth. Despite such problem, this is a nice introductory text for people who are new to both the energy markets and financial engineering. Such readers can skip more advanced sections without a loss of continuity.  Topics include: seasonality, forward curves, volatility, option pricing, statistical methods, risk management, etc. [Review based on the first edition.]