T. Boone Pickens, the legendary wildcatter and corporate raider, has decided that drilling for more oil is not the answer to the nation’s energy problems. President Bush should listen to his fellow Texan and longtime political ally.

The 80-year-old Mr. Pickens does not oppose drilling. He’s been doing it for most of his life. Nor has he become a born-again eco-warrior (a conservative, he helped underwrite and made no apologies for the Swift Boat campaign against John Kerry). But he knows something that his friends in the White House won’t acknowledge: that a nation holding less than 3 percent of the world’s oil reserves while guzzling 20 percent of the world’s production will never be able to drill its way out of its dependency on foreign oil.

He also considers it absolute madness  financially and in terms of national security  to be spending $700 billion every year on imported oil produced in volatile and in some cases hostile countries.

His answer is to develop wind power in states with steady, forceful winds (like Texas) and use it instead of natural gas to produce electricity (natural gas now generates about one-fifth of the power in the United States). He would then use the natural gas saved to fuel cars and trucks. He predicts that oil imports would drop by 40 percent and the country would save $300 billion a year.