The boy who knew too much: a child prodigy

This is the true story of scientific child prodigy, and former baby genius, Ainan Celeste Cawley, written by his father. It is the true story, too, of his gifted brothers and of all the Cawley family. I write also of child prodigy and genius in general: what it is, and how it is so often neglected in the modern world. As a society, we so often fail those we should most hope to see succeed: our gifted children and the gifted adults they become. Site Copyright: Valentine Cawley, 2006 +

Friday, October 17, 2008

What Heng-Cheong Leong of Myapplemenu doesn't understand.

Heng-Cheong Leong has attacked my posting below, "An Unkept Singaporean Promise" on his myapplemenu site. His attack is ill-informed and based on the presumption that I did not see an article with the figures in it that I saw. How, I wonder, does Heng-Cheong know what another person saw or did not see? I find his implicit telepathy a wonder indeed. Perhaps he should join the intelligence services (but perhaps other qualifications would be needed too, which he evidently lacks.)

Anyway, he quibbles that his own research turned up a press release saying that Comfort Delgro would drop the fuel surcharge if diesel fell to its level in December 2007 – that of 1.19 singapore dollars to the litre. He maintains that this is different to what I was saying. It is not, in essence. I will explain.

I recall an article saying that the surcharge would be dropped if crude oil reached 109 dollars or less. Now these are not, as Heng-Cheong believes, rather rudely, that different. You see diesel is made from crude oil and the price of one affects the other. Crude oil was priced at 97 US dollars at its spike in December 2007 – please see link below for confirmation. (Note this is pretty close to the 109 figure I saw, as the threshold for price reduction. It would result in a very similar price for diesel.)

Now, after this on December 17th 2007, the market price for Diesel was 1.19 singapore dollars per litre.

So, the question is, what SHOULD the diesel price be now? (This is a question that Heng-Cheong doesn't ask: he just accepts the quoted price). Well, it is a simple computation to make: it is going to be roughly the ratio of the present price of oil (72 USD this morning) divided by the price in December 2007, when it spiked, 97 USD) multiplied by 1.19 singapore dollars per litre. Doing this, we get an EXPECTED price of diesel of 88 cents per litre. However, the price presently still hovers around double that at 1.60 dollars. Thus, we are being DOUBLY ripped off. The price of diesel should be half what it is at the pumps – and the surcharge should have dropped since the underlying fundamental price of diesel should be below the 1.19 Sing Dollar per litre cut off mark.

So, it can be seen that my argument stands. Diesel should be cheap again – and the surcharge should have been dropped. Heng-Cheong Leong has been offensive for nothing. He really should take his own advice – and google some more – and think a little, too. Then all would become clearer.

I hope this has painted a fuller picture of the fuel situation here, in Singapore, for everyone.


(If you would like to learn more of Ainan Celeste Cawley, a scientific child prodigy, aged eight years and seven months, or his gifted brothers, Fintan, five years exactly, and Tiarnan, twenty-eight months, please go to: I also write of gifted education, IQ, intelligence, the Irish, the Malays, Singapore, College, University, Chemistry, Science, genetics, left-handedness, precocity, child prodigy, child genius, baby genius, adult genius, savant, wunderkind, wonderkind, genio, гений ребенок prodigy, genie, μεγαλοφυία θαύμα παιδιών, bambino, kind.

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posted by Valentine Cawley @ 6:01 PM 


Blogger Shannon said...

Thanks for addressing this issue, Mr. Cawley. More people need to question the price of filling up a gasoline tank. Crude has crashed. Are we going to keep pretending that it hasn't? Enough of this price gouging.

5:59 AM  
Anonymous Anonymous said...

Actually the price of crude does not fall/rise in proportion to the products such as gasoline or diesel. Each has its own fundamentals and currently, crude prices are more affected by the financial market whereas the products are harder to trade, so are still more affected by existing real demand and supply. Having said that, the price of diesel based on energy reporters are much lower than last year December so the price of all products from gasoline to diesel logically should fall below that of December baring any major increase in logistic cost in Singapore. Hope this explanation will clarify some issues.

6:26 PM  

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