Last week Canada claimed the North Pole as its own. Six years ago, Russia did the same. This isn't about bragging rights, though - it's about access to the vast oil and gas reserves of the Arctic. No matter who prevails, however, they''ll still need the know-how that just a handful of energy companies possess.
best investments of 2014
- Best Investments 2014: Canada's Northern Claim Heats Up the Arctic Oil Race
- Best Investments 2014: How to Profit from the Budget Deal
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The first real Washington budget deal in years won't make that much of a difference to most Americans, but for investors it could be a trove of profits. That's because buried in the details of this deal is an extraordinary investment opportunity almost no one else has noticed.