I read here all the time, my teaching/writing is on overload right now, so I have difficulty posting. But I couldn't let this one go.

I am interested in the South Stream and North Stream discussion, and do see them as competing with Nabucco. But one thing to note about South Stream: the size of the pipes is very very small.

At capacity, it can't do what either North Stream or Nabucco can do. It's good maybe for some East and Central Euro countries, and Greece and Italy. But not much gas, relatively, will be moving through those pipes to make enough of a difference. Small potatoes. At least, this is what I've read. And if this is true, then Nabucco is even deader than we thought since it too is vying for a similar route where gas is not all that plentiful.