You can make Bubble Bread with canned biscuits, but I like to make my dough from scratch. (Yes, once again, I am a foodie-snob!)
1 cup scalded milk
1/2 cup oil
1/2 cup sugar
Mix milk, oil, and sugar, cool (to no hotter than 110 degrees). Add 1 1/2 Tbs. (or one packet) of yeast. Let mixture "sponge" for 5 minutes.
Add 2 beaten eggs and 3 cups of flour, mix well. Add 1 1/2 cups of flour and knead lightly on a floured surface.
Place in a greased bowl and let it rise until double. Punch it down and let it rise 10 more minutes.
Meanwhile, melt a stick of butter. Also, combine 1 cup of sugar and 1 Tbs. cinnamon.
Make "bubbles": Pinch dough into walnut-sized bubbles, dip into butter and then sugar mixture, and drop into a well-greased tube pan. Layer bubbles with chopped nuts, if desired. (yes, please!)
Let your bubble bread rise about 45 minutes, and then bake at 350 for about 40 minutes.