In a large mixing bowl, combine oil, eggs, pumpkin, and pumpkin pie spice and stir until smooth.
In a sparate bowl, combine flour, salt, and baking powder and mix well.
Add dry ingredients to wet ingredients and stir until well combined.
Fill wells of donut pan 3/4 full with batter.
Bake donuts for 15-18 minutes or until toothpick tests clean.
Remove from oven and let cool on rack for 1-2 minutes.
Loosen edges of donuts from pan and place donuts on cooling rack.
If you want to top with cinnamon sugar: Melt 1/2 stick butter in a medium bowl in microwave. In separate bowl, combine 1/2 cup sugar and 1 Tablespoon of cinnamon.
While donuts are still warm, dip half of donut in to melted butter and then dip into cinnamon sugar mixture.