In the aftermath of the U.S. military strike that seized Venezuelan President Nicolás Maduro on Jan. 3, the Trump administration has emphasized its desire for unfettered access to Venezuela’s oil more than conventional foreign policy objectives, such as combating drug trafficking or bolstering democracy and regional stability.

During his first news conference after the operation, President Donald Trump claimed oil companies would play an important role and that the oil revenue would help fund any further intervention in Venezuela.

Soon after, “Fox & Friends” hosts asked Trump about this prediction.

“We have the greatest oil companies in the world,” Trump replied, “ the biggest, the greatest, and we’re gonna be very much involved in it.”

As a historian of U.S.-Latin American relations, I’m not surprised that oil or any other commodity is playing a role in U.S. policy toward the region. What has taken me aback, though, is the Trump administration’s openness about how much oil is driving its policies toward Venezuela.

As I’ve detailed recently, U.S. military intervention in Latin America has largely been covert. And when the U.S. orchestrated the coup that ousted Guatemala’s democratically elected president in 1954, the U.S. covered up the role that economic considerations played in that operation.

By the early 1950s, Guatemala had become a top source for the bananas Americans consumed, as it remains today.

The United Fruit Company, based in Boston, owned more than 550,000 acres of Guatemalan land, largely thanks to its deals with previous dictatorships. These holdings required the intense labor of impoverished farmworkers who were often forced from their traditional lands. Their pay was rarely stable, and they faced periodic layoffs and wage cuts.

The international corporation networked with dictators and local officials in Central America, many Caribbean islands and parts of South America to acquire immense estates for railroads and banana plantations.

The locals called it the pulpo— “octopus” in Spanish — because the company seemingly had a hand in shaping the region’s politics, economies and everyday life. The Colombian government brutally crushed a 1928 strike by United Fruit workers, killing hundreds of people.

The company’s seemingly unlimited clout in the countries where it operated gave rise to the stereotype of Central American nations as “banana republics.”

In Guatemala, a country historically marked by extreme inequality, a broad coalition formed in 1944 to overthrow its repressive dictatorship in a popular uprising. Inspired by the anti-fascist ideals of World War II, the coalition sought to make the nation more democratic and its economy more fair.

After decades of repression, the nation democratically elected Juan José Arévalo and then Jacobo Árbenz, under whom, in 1952, Guatemala implemented a land reform program that gave landless farmworkers their own undeveloped plots. Guatemala’s government asserted that these policies would build a more equitable society for Guatemala’s impoverished, Indigenous majority.

United Fruit denounced Guatemala’s reforms as the result of a global conspiracy. It alleged that most of Guatemala’s unions were controlled by Mexican and Soviet communists and painted the land reform as a ploy to destroy capitalism.

United Fruit sought to enlist the U.S. government in its fight against the elected government’s policies. While its executives did complain that Guatemala’s reforms hurt its financial investments and labor costs, they also cast any interference in its operations as part of a broader communist plot.

It did this through an advertising campaign in the U.S. and by taking advantage of the anti-communist paranoia that prevailed at the time.

United Fruit executives began to meet with officials in the Truman administration as early as 1945. Despite the support of sympathetic ambassadors, the U.S. government apparently wouldn’t intervene directly in Guatemala’s affairs.

The company turned to Congress.

It hired well connected lobbyists to portray Guatemala’s policies as part of a communist plot to destroy capitalism and the United States. In February 1949, multiple members of Congress denounced Guatemala’s labor reforms as communist.

Sen. Claude Pepper called the labor code “obviously intentionally discriminatory against this American company” and “a machine gun aimed at the head of this American company.”

Two days later, Rep. John McCormack echoed that statement, using the exact same words to denounce the reforms.

Sen. Henry Cabot Lodge Jr., Sen. Lister Hill and Rep. Mike Mansfield also went on the record, reciting the talking points outlined in United Fruit memos.

No lawmaker said a word about bananas.

Seventy-seven years later, we may see many echoes of past interventions, but now the U.S. government has dropped the veil: In his appearance after the strike that seized Maduro this month, Trump said “oil” 21 times.

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Aaron Coy Moulton is an associate professor of Latin American history at Stephen F. Austin State University in Texas and the author of “ Caribbean Blood Pacts: Guatemala and the Cold War Struggle for Freedom.” This article was produced in collaboration with the Conversation.

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