BISMARCK, ND, May 26 (Reuters) - Republican presidential
contender Donald Trump said on Thursday that he would approve
TransCanada's TRP.TO Keystone XL pipeline proposal if elected,
reversing a decision by the administration of President Barack
Obama to block it over environmental concerns.
"I would absolutely approve it, 100 percent, but I would
want a better deal," Trump told reporters at a press conference
in Bismarck, North Dakota, where he was scheduled to give a
speech to an oil conference on the energy policies he would
pursue if elected to the White House.
Trump added that he would seek to reduce regulation on the
energy industry to make drillers and coal companies more
competitive. "You've got to get rid of some of the regulations,"
he said.
(Writing by Richard Valdmanis; Editing by Toni Reinhold)