OPEC Denies Morocco's Bid to Become 15th Member State

OPEC, the intergovernmental organization that controls 44% of the global oil supply, officially rejected Morocco’s application to join its’ ranks on Monday. Speaking for OPEC the Nigerian oil minister Ygumbe Otumbo said of the no votes “All of the OPEC member states recognize and respect Morocco for it’s absolute and total domination of the world’s argan oil supply. In fact we view the Moroccan argan oil situation as a model to strive for in our own quest to completely control the global petroleum market. Unfortunately while argan oil is technically oil, or more specifically a type of oil, it does not fit the standard definition of oil for which OPEC has traditionally been known. Because of this we regretfully had to deny Morocco’s application.” Moroccan interior cabinet member Hamza Abdo had this to say in reply, “We thank the OPEC member states for consideration of our application for membership. While we are bitterly disappointed by the rejection, we take some comfort in the knowledge that our complete control over the world’s argan oil supply remains unchallenged. We have discussions set for next Friday to begin talks with Washington and other western powers. We hope they have a more enlightened view of the importance and criticality of argan oil in today’s world. Without Moroccan argan oil the entire women’s hair care industry would collapse, disrupting a huge sector of the world economy and possibly triggering a global financial catastrophe.”