Smashing the Speed of Sound on an Empty Lake in Utah Lyrics

Lyric discussion by OHunderstanding 

Cover art for Smashing the Speed of Sound on an Empty Lake in Utah lyrics by John Steel Singers, The

Is this song actually about smashing the speed of sound on an empty lake in Utah? I thought it was, especially with the line, 'running around / with the grease on my knee,' but now that I've read the lyrics, I'm not too sure.

Perhaps it is, and whoever's doing the smashing has been told it's a mistake and now they're wondering if they should go ahead and make the mistake anyway.