I'm disproving several steps of his reasoning chain with some quickly dug up sources (which I actually read, unlike other people here...). I would not be surprised if fossile fuel is used mainly for other purposes than personal transportation, which would also disprove his final reasoning step. Graphene is certainly interesting, but not the world changing thing he makes it out to be.
As for your "the best conductor known to man" claim, conductor of what? Electricity? Source?
It could change the world, just not as fast at you would think. Just in case you didn't know, the Graphene research is not any news at all, it started in 2004; the whole energy storage discussion just came up now. The recently released product "impermeable painting" was also created using Graphene.
About the conductor... Yes, electricity. Researches have already determined how fast electrons move through the Graphene, and they indeed move faster than they do through Silicon along with some other advantages I dont remember quite well.
Source? It is just something that was researched a while ago, it never became as famous as the energy storage because there isn't any direct application for it, people dont usually care about that kind of things.
I remember years ago I went to an exposition about nano-tech and I remember how they said that in a few years it would be posible to create an impermeable painting, make materials much thicker and more resistant than an cobweb,
They even mentioned nano-socks at some point (yeah I know that sounds silly, we all laughed). They mentioned a couple of researches in the field of Biology, Chemistry, Electronic.
This new whole Graphene thing is what's been moving the nano-science research field so fast for the past years, there's tons of uses already found for Graphene other than energy storage devices.