In the program description they start out by talking about a hypothetical where a hurricane takes out Houston, and a terrorist strike comes 2 days later.  If this were all the program were about, then I would say that they missed the point entirely, and write it all off as a waste of time.

Based upon what I have seen so far however, I am cautiously optimistic about the thing.  I have seen a number of clips and transcripts of interviews with Sesno about the program:

http://transcripts.cnn.com/...

and here:

http://transcripts.cnn.com/...

plus an educators guide for teachers:

http://www.cnn.com/...

What I do know is that there are interviews with several people who have good "street cred" on the subject of Peak Oil.  The 3 that I have seen so far are Roscoe Bartlett, Matt Simmons, and James Woolsey.  All of these are arguably fairly conservative - this is probably intentional, and probably a good idea.  If this issue were to be seen as something that only progressives are pushing, then red-staters will probably tune it all out and write it off as some sort of a scheme by the environmentalists.

More discussion of the program appears here:

http://www.theoildrum.com/...

Once the program has aired, there will be other stories over there with more discussion.

Cross-posted at Daily Kos.