Lyric discussion by electricocean 

Cover art for L.O.S.T. lyrics by Icarus Line, The

I think at the beginning at least it's about the frustration he feels at the music industry as a whole ("Depressed by the smiles, all the phonies, and the fakes") and touring in particular ("Depressed because everything's so far away").

The machine in the third line could either be the band's van or the industry "machine" or one as a metaphor for the other.