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Will ethanol supply glut drains OPEC revenues?

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What will OPEC do if it runs out of revenues from the huge sales of petroleum products in the open markets? OPEC headquarters in Vienna, Austria If this happens, the likely scenario is that OPEC, which is the second biggest supplier of petroleum products to the United States, will feel the harsh impacts of declining revenues from oil exports. Alone, the United States imports about 3.24 million barrels of oil per day from OPEC, which accounts to 35 percent of the total gross imports in 2014, reveals by the U.S. Energy Information Administration. The EIA adds that this volume is slight lower than what the United States buys from Canada, which is estimated at 3.39 million barrels of oil per day, or 37 percent of the gross total imports. However, this scenario is slowly changing after the United States Congress enacted the 2007 Energy Independence and SecurityAct, which was intended to reduce the U.S. energy dependence from the Middle East after 9/11, says Bloomberg Businesswee...