jX says Oil will be down to $60-$70 a barrel in 5 years. I say it won’t. The bet is 10 gallons of gas. Gas is cheap: I pay for his gas. Gas is expensive, he pays for my gas. The date is May 1, 2013.
I’m hopeful. I think we should keep categories up so that we can just link to each other’s oilbet category. And I have no holdings in oil futures, and some un-claimed certificates for I believe 20 or 40 XOM.