Merrill analyst Francisco Blanch, whose forecast of $150/barrel oil came pretty close to the...

|By:, SA News Editor

Merrill analyst Francisco Blanch, whose forecast of $150/barrel oil came pretty close to the summer's high of $147.27/barrel, thinks oil could hit $25 in 2009 but be back near $150 in the next 2-3 years as economic growth picks up.