"Bring on the nukes and coal fired power stations. I want my electric car to do 0-100Km/hr in 5secs and top out at 200Km/hr!!!"
It was a tongue in cheek comment. An attempt to show just how stupid we are by wasting fossil fuels on things like SUVs and Hummers. To point out that if we go electric then people will still want their extravagant desires. The reality that we will need plenty of nuclear power stations.
The thing about oil is it is very useful when you want to make petro-chemicals, plastics etc. The talk of bio-fuels being the answer does not consider the need for petro-chemical derived fertilisers and insecticides.
Peak oil is coming and nothing is being done to change the terrible wastage of oil. The problem won't get addressed until the wheels fall off the present system. It is most likely going to be a painful transition unless we start seeing some changes to peoples behavior soon.
Bush Junior wants to reduce the oil imports to the US by 75% in the next 20 years. Some geologists say this won't be by choice but by a lack of supply. Interesting times as the time of cheap oil is coming to an end.