bash /opt/ruby/jruby/bin/jruby.sh -S gem list works.
gem list
warning.
Output below
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craig@craigs:~$ uname -a
Linux craigs 3.8.0-21-generic #32-Ubuntu SMP Tue May 14 22:16:46 UTC 2013 x86_64 x86_64 x86_64 GNU/Linux
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craig@craigs:~$ jruby -v
jruby 1.7.4 (1.9.3p392) 2013-05-16 2390d3b on Java HotSpot(TM) 64-Bit Server VM 1.7.0_21-b11 [linux-amd64]
craig@craigs:~$ gem list