Exxon Mobile announced yesterday that they won the Iraq oil contracts .. Today Obama announces they will extend offshore drilling along the Virginia coast to Florida and into the Gulf of Mexico. However they are also thinking of not renewing the 2008 expired In Alaska oil leases. Obama is proposing to cancel leasing in Bristol Bay, and cancel sales in the Chukchi and Beaufort seas to allow for further scientific study, the official said. A sale in Cook Inlet will proceed.