Hubbert Peak Graph showing that oil production has peaked in non-OPEC and non-FSU countries.
The Organization of the Petroleum Exporting Countries (OPEC) is a permanent intergovernmental organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The five Founding Members were later joined by nine other Members: Qatar (1961); Indonesia (1962) -- suspended its membership from January 2009; Socialist Peoples Libyan Arab Jamahiriya (1962); United Arab Emirates (1967); Algeria (1969); Nigeria (1971); Ecuador (1973) -- suspended its membership from December 1992–October 2007; Angola (2007); and Gabon (1975–1994).
The primary oil producers among the countries of the Former Soviet Union (FSU) are Russia, Azerbaijan, Kazakhstan, Turkmenistan, and the Ukraine.
In recent years, Canada is the only major oil producer in the Organization for Economic Co-operation and Development (OECD) to have an increase in oil production. The other major OECD producers (the United States, United Kingdom, Norway and Mexico) were declining, and by 2008 the decline rates in the latter three were becoming quite steep. In Canada, conventional oil production has also been declining, but as a result of new non-conventional oil projects (e.g., extraction from tar sands), total crude oil production was projected to increase by an average of 8.6 percent per year from 2008 to 2011.
Exerpted from: Oil reserves, OPEC