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Sounds a bit like an overblown doomsday prophesy to me. Not that I don't recognize a future problem with us using up our natural fuel supplies. I would like to know what his motivation is behind all this. Yeah sure he's got law degree's and experience in at that area but what experience does he have in chemistry? It kindof seems like a lot of his rescources are related to the oil industry (like Exxon research) that would probably have ulterior motives for touting that we will have more scarce and thus more expensive oil in he future. Just the way this is presented seems to alert my instincts that something is bogus.
Just to begin with (without reading and checking EVERYTHING he said) I found an error. He said that ammonia was usually derived from oil rescources to begin with and wouldn't make a good alternative to producing fuel. Problem with that is that Oil rescources is just one of MANY ways of producing oil.
"Ammonia is prepared commercially in vast quantities. The major method of production is the Haber process, in which nitrogen is combined directly with hydrogen at high temperatures and pressures in the presence of a catalyst. It is obtained as a byproduct of the destructive distillation of coal. Ammonia is also prepared synthetically by the cyanamide process: nitrogen gas combines with calcium carbide, CaC2, at high temperatures to form calcium cyanamide, CaCN2, and carbon; the calcium cyanamide reacts with steam to form calcium carbonate, CaCO3, and ammonia. For use in the laboratory, ammonia is prepared by heating an ammonium salt with a strong base. It can also be prepared by reacting a metal nitride with water." The Columbia Encyclopedia, Sixth Edition. 2001
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"Always learn the rules so that you can break them properly." Dalai Lama
My Karma just ran over your Dogma. 
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