Kuwait observes National Day. This small country (about the size of New Jersey) is located on the northeastern Arabian Peninsula. About 2.6 million people live in the country. Kuwait City is the capital, and petroleum products compose the largest industries.
OPEC (Organization of the Petroleum Exporting Countries) was established in 1960. The goal of OPEC is to establish systems to stabilize oil prices and output of its members. The twelve members are: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.