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Simmons–Tierney bet
The Simmons–Tierney bet was a wager made in August 2005 between Houston banking executive Matthew R. Simmons and ''New York Times'' columnist John Tierney.〔(The $10,000 Question ), The New York Times, By JOHN TIERNEY, Published: August 23, 2005〕 The stakes of the bet were US $10,000.00. The subject of the bet was the year-end average of the daily price-per-barrel of crude oil for the entire calendar year of 2010 adjusted for inflation, which Simmons predicted to be at least $200. The bet was to be settled on January 1, 2011.
At the time the bet was made in 2005, the price of oil was $65. It soared to an all-time high of $145 per barrel in 2008 before plummeting below $50 per barrel in the same year in the wake of the global financial crisis. The average price for a barrel of oil in 2010 was $80 ($71 in 2005 dollars), less than the $200 Simmons predicted. Simmons died on August 8, 2010, and the bet was paid out by his colleagues in Tierney's favor.〔(), The New York Times, By JOHN TIERNEY, Published: December 27, 2010〕
== Simmons's death ==
Matthew Simmons died on August 8, 2010, thus preventing him from personally seeing the bet through to its resolution on January 1, 2011.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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