THAT PIPELINE

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Getty Images

Time was....if you heard of a pipeline under construction anywhere...there was always a Houston business component to it...engineering, construction, technical know-how.

With the President teeing off on Germany at the NATO summit, asking Germany why we should pay to protect them from Russia, when they're doing a multi-billion dollar energy deal with Russia,  I just wondered if any Houston pipeliners are involved in the whole question.

From business wires I see that the Nord Stream 2 gas pipeline, already in subsea prep work, is an initiative of Russia's Gazprom, in partnership with 5 European companies.

Don't know if this affects Houston business but it will double the export capacity of Russian gas to Germany, undermines Ukraine's lucrative transit route, and strikes fear into Eastern European and Baltic states.  Politics and business. 

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