I, too have read the original article before. It may be a year to several years old. What's the date on the miami.com article? Is it a recent one?
$80/barrel is a far cry from the $15/barrel touted in the original article.
ROFL
Yeah. They pitched it to their investers as $15M to build a plant that produces crude at $15 a barrel. Turns out it cost $40M to build the plant (oops) that produces crude at $80 a barrel (oops). Their most excellent sales department locked in contracts that require them to sell the oil at $40 a barrel (oops). Then they say aw shucks we just made a few mistakes. This is the pattern of the whole miracle-energy-source industry.