Pipeline depth and cycle time are fixed early in the chip design process but their impact can only be assessed when the implementation is mostly done and changing them is impractical. Elastic Systems are latency insensitive systems, and allow changes in the pipeline depth late in the design process with little design effort. Nevertheless, they have significant throughput penalty when new stages are added in the presence of pipeline loops. We propose Fluid Pipelines, an evolution that allows pipeline transformations without a throughput penalty. Formally, we introduce “or-causality” in addition to the already existing “and-causality” in Elastic Systems. It gives more flexibility than previously possible at the cost of having the designer to specify the intended behavior of the circuit. In an Out-of-Order core benchmark, Fluid Pipelines improve the optimal energy-delay point by shifting both performance (by 17%) and energy (by 13%). We envision a scenario where tools would be able to generate different pipeline configurations from the same RTL e.g., low power, high performance.