04/08/2013 08:40 am ET Updated Apr 08, 2013

'Young Volcanoes,' Fall Out Boy's New Single, Debuts Off Of 'Save Rock And Roll' (UPDATED)

Fall Out Boy fans, rejoice! The band has released a new song off of the upcoming album, "Save Rock and Roll."

Fall Out Boy premiered "Young Volcanoes," a decidedly upbeat single, which stands in stark contrast to the band's earlier track, "My Songs Know What You Did In The Dark (Light Em Up), and the dark video for "The Phoenix." "Young Volcanoes" sounds as though it could be a song from fun. as the hook is reminiscent of the group's hit single, "We Are Young."

"We are wild, we are like young volcanoes / We are wild, Americana, exotica / Do you wanna feel a little beautiful baby? Yeah!" the band croons in the catchy track.

Fall Out Boy, made up of Patrick Stump, Pete Wentz, Joe Trohman, and Andy Hurley, recently announced plans for a national arena tour. Kicking off in Milwaukee on May 14, the Save Rock and Roll tour will hit cities across the U.S. before wrapping in Tampa, Fla. on Sept. 29.

"Save Rock and Roll," Fall Out Boy's fifth studio album, hits stores on April 15.

Fall Out Boy is now streaming the entirety of "Save Rock and Roll" on the band's website. "This album is one that is particularly close to us. We recorded it in secret from the music industry, critics, and even our fans. An artist's first record sounds the way it does because it is often made without expectations. this is not our first record," Fall Out Boy wrote. "But because of the way we went about making this one in the shadows it is with out a doubt the first record in a new chapter of Fall Out Boy. We made this music for ourselves and no one else at the end of the day. This is meant be played loud, with the windows down on summer nights. Four friends with our backs to each other fighting in the darkness against anything and everything that is out there. We bowed our heads, took a knee and plugged back in. From the first strings to the last shouts- this is us. These incantations are meant to conjure realness, to unlock whatever the rock and roll is inside each of you- in each of us. Put on your headphones, turn it up- this is what we have spent the last year and a half making. Most importantly, thank you for wishing or waiting- because without you, the most important piece, this record would never have been made. So we figured you have waited long enough… without further ado, please listen closely."

The new tracks that Fall Out Boy made available include the band's collaborations with both Elton John and Courtney Love. John is featured on the album's title-track, while Love lends her vocals to the song "Rat A Tat." Head over to Fall Out Boy's website to hear the album.