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Good speech but he's wrong about biodiesel/ethanol. More oil gets consumed by farm machinery, pesticides and fertilizers to produce it than the energy you get in return. Nuclear and solar are the only viable options.
Do you have a source for this claim? I'm no expert, but the October '07 National Geographic provides a fantastic article on biofuels and, though I agree that many of these fuels are not the answer, the article shows a production/output energy ratio for corn ethanol at 1/1.3 and Biodiesel at 1/2.5 Neither is ideal, but they both require less energy to produce than they return. The savings in greenhouse gas emissions, too, are significant compared to convential gas and diesel... Nuclear = Yuck :)
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Lets show the world a UNITED States.
Texas Students for Obama
Michael - UT Austin