The reality is that the price of a bushel of canola is $13 today, the price of a bushel of wheat is $10, and you're not going to make biofuels out of those kinds of fuels. A bushel of canola has about 10 litres, and Mr. Chorney will back me up on that, so the direct cost is a $1.30 a litre before you even start processing it. We're not going to change to some bio-economy running our vehicles. In the United States, where biofuels are big, they estimate only about 2% of the fuel is going to be biofuels, with all of that activity.
On February 12th, 2008. See this statement in context.