Editing United Fruit Company (section)

===End of the Honduran banana republic era===
At the end of the 1970s energy crisis, Honduras was under the administration of [[Oswaldo Lopez Arellano]] after he seized control from President [[Ramon Villeda Morales]]. Trying to redistribute the taken lands of Honduras, President Arellano attempted to aid the Honduran people in regaining their economic independence but was stopped by President [[Ramón Ernesto Cruz Uclés]] in 1971. In 1960, the Organization of the Petroleum Exporting Countries ([[OPEC]]) was created and did not involve Costa Rica, Guatemala, Honduras, Panama, and Colombia. Designed to strengthen the same nations that experienced extreme economic turmoil, the authority and control of foreign multinational companies, 1970s energy crisis, and the inflation of trade tariffs.<ref name=":32"/> Through nullification of the concession contracts originally granted to the U.S. multinational companies, Latin American countries were able to further their plan for progress but were met with hostility from the U.S. companies. Later in 1974, President Arellano approved a new agrarian reform granting thousands of acres of expropriated lands from the United Fruit Company back to Honduran people. The worsened relations between the U.S. and the newly affirmed powers of the Latin American countries would bring all parties into the 1974 [[Union of Banana Exporting Countries#History|banana War]].