(1) The magnetic poles (both ends) are not located at the astronomical poles - that is, the axis poles. The magnetic poles are about a 100 miles distant from the axis and tend to wander a few miles every year.
(2) Contrary to the assertion in the first message on this thread, the US did not abandon the Antarctic. Mineral (incl. petroleum) opportunities underneath the Antarctic are uncertain but considered probable (perhaps by optimists); another problem is the possible militarization of the South Pole. The area was only touched by Captain Cook in 1772, explored only at the edges in the 19th century, and not fully explored until the 20th century. It has not no native human population, and the explorations were mostly by people from countries from the Northern Hemisphere - not a nearby country like Chile. Several countries - including Argentine, Chile, New Zealand, Australia, as well as UK, France, and Norway - have made territorial claims on Antarctica (apparently the USA is not among the claimants). In 1959 the US, the then-USSR, the various claimants, and other countries, signed the Antarctic Treaty which prohibited any militization of Antarctica, promoted "scientific" projects under the supervision of sponsoring countries, promoted international cooperation and ignored territorial claims, etc.
The US and several other countries have scientific projects of various kinds in operation on Antarctica almost continuously. Inasmuch as Antarctica is about the size of North America (which pretty much establishes it as a continent), and the entire climate is generally hostile, casual visitors to the inland are not encouraged as any rescue efforts fall upon the personnel at the farflung science outposts. However, there have been plenty of journalists and others (including returned members of science projects) who have seen much of the inland, even flown over it.
As far as I know, oil drilling is not taking place around Antarctica, which is fine by me as whenever it was done in the Arctic it leaked and spilled and was never cleaned up. However there is a very active fishing industry around the Antarctic coastline.
Lots of ships have cruised entirely around Antarctica, a trip of a matter of weeks, and it requires less fuel and mileage than circumnavigating Australia. This is proof that Antarctica is not spread over the circumference of the Flat Earth, surrounding us.