Saudi Arabia planned to reach peak capacity in 2009. How long they might hold that plateau, is an unknown variable. The UAE was forecast to reach peak production by 2012. Iraq has much potential to grow production if they can form a stable government. Iran boasted of great reserves. Before Bakhtiari (retired Iranian National Oil Company manager) died he indicated Iran had proven reserves of about 40 billion barrels. If Iran will get santions lifted they might prove more oil. Kuwait is unlikely to produce more than four million barrels a day as they decided they should not push production in Burgan to higher levels. Algeria and Libya have seen declining reserves in large older generation fields. They have discovered more oil on previously unexplored blocks. Nigeria and Angola have potential to increase production for some time to come. Indonesia is seeing more E&P interest with higher oil prices and might be able to continue to produce for years to come, although they may yet need to import oil. Some OPEC members' internal oil consumption has been growing more rapidly than OECD consumption according to reports I have read. OPEC production neared 32 million barrels. If they grow consumption by as little as 3% annually, then they will need almost a million barrels a year of oil production increases for themselves alone. ASPO indicated that many of the newer fields being brought into production will deplete out in ten years. There is a constant need to replace production. A common error some made was assuming that any new oil project would increase oil supply while ignoring the depletion within exisiting projects. Many of the new projects scheduled for completion will be needed to replace the depletion of exisiting fields. Because natural gas liquids production is not regulated by OPEC, some OPEC countries were increasing their liquids production. The tendancy for some groups to be switching from gasoline to compressed natural gas cars decreased some of the demand for oil. A switch to smaller cars in America will be inevitable if costs are to be contained.