Kyle, bubba gave you a fine recipe.
BW and I sojourned in the Ozark Mountains of Missouri for 8 looong years. Biscuits & gravy are common breakfast fare there, and we found them enjoyable and still have them often. My approach to them is a little different.
I just mix some all purpose flour, a generous amount of baking powder, a little salt, and - usually - bacon drippings (grease) for shortening. Once mixed pretty well with a fork, I add milk and stir to a soft, slightly sticky dough. Toss on to a floured surface and knead barely enough to permit rolling or patting out to 3/4" thickness. Cut into individual biscuits, place them on an oiled baking sheet, about half an inch apart. Bake at 375-425F until golden brown.
The gravy is simply a flour and bacon grease roux to which milk is added. The consistency should be just thin enough to flow. Apply libareally over the hot biscuits, then add (my prefernce) a generous amout of coarsely fresh cracked black pepper.
A couple of eggs, sunny side up, two strips of bacon, a coup.e of biscuits and gravy, a glass of orange juice, and a cup of hot coffee and you're ready for the day. Of course, you may suffer a suden heart attack from the cholesterol - but heck, you'll die happy.