LOS ANGELES (CBS) — A local college professor is leading the charge to tax every drop of crude oil pumped in California.

Cypress College political science Professor Peter Matthews says it’s time for a statewide drilling tax that would ultimately boost the coffers of cash-strapped California.

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KNX 1070’s Ed Mertz reports Matthews points to other oil-rich states which have implemented similar policies.

Alaska charges a 25 percent fee on oil, while Texas tacks on 12.5 percent.

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Matthews says his proposal would prohibit companies from passing on those fees to consumers.

He’s expected to submit his proposal to the attorney general on Monday.

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Voters in Los Angeles, meanwhile are set on Tuesday to decide the fate of Measure “O”, which would add a 1.44 cent tax to each barrel of oil pumped in city limits.

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