Preheat oven to 350°F (175°C).

In a large bowl, combine sugar and vegetable oil.

Mix the sugar and oil until well combined.

Add pumpkin and eggs to the mixture.

Mix the wet ingredients until they are fully incorporated.

In a separate bowl, whisk together flour, salt, nutmeg, ground cloves, cinnamon, baking soda, and baking powder.

Gradually add the dry ingredients to the wet ingredients, mixing until just combined.

Fold in the chopped nuts.

Pour the batter into two ungreased loaf pans.

Bake for approximately 1 hour, or until a wooden skewer inserted into the center comes out clean.

Let the bread cool in the pans for 10 minutes before transferring to a wire rack to cool completely.

Slice and serve. Enjoy one loaf, and freeze the other for later.