Lyric discussion by jorgis 

Cover art for Oh Life (There Must Be More) lyrics by Alan Parsons Project, The

This song is more or less totally pessimistic about life, with the bit of hope that shines through with "there must be more". I think the last three verses is about a girl who commits suicide by drowning herself or jumping from a bridge:

On the dock her soul is sinking But her spirit longs to soar Oh life, she cries There must be more

A really creepy song to listen to if you are feeling a bit down, like bremner said. On my list of songs not to listen when down, this ranks a split first, together with Goodbye Cruel World (Pink Floyd) and Take the Long Way Home (Supertramp).