If you watch cable TV, chances are you've seen an ad promoting T. Boone Pickens' plan for reducing the vast sums we're spending on imported oil. Hearts quickened in the Democratic Party because Mr. Pickens says in the ad: "this is one emergency we can't drill our way out of." That's what Democrats say when they block drilling off our coasts and in Arctic National Wildlife Reserve. But the budding romance cooled when Mr. Pickens made it clear he supports lifting those drilling bans. Mr. Pickens' plan has two key elements. The first is to build a massive series of...