This document summarizes recent developments in understanding the oxidation of alloys at high temperatures, with a focus on binary and ternary alloy systems. It begins with a classification system for how alloy components oxidize, including situations where only one component oxidizes externally or internally, or where both components oxidize. It then discusses factors that determine whether an alloy will exhibit only surface scaling, only internal oxidation, or both phenomena. The document emphasizes that alloy oxidation is a complex process that depends on many variables, and that no single theory can fully explain all situations. It concludes by discussing areas that require further study.