Hi Scott,
From my experience, that is caused by a venting problem or over-fueling the tank. First, make sure that you do not fill the tank past the bottom-most part of the fuel tank bung while the bike is on its kickstand. Next, check to see if pressure is building inside your tank and escaping at the point of least-resistance--> between the bung and the tank. This usually happens when the bike is hot and is put on its kickstand shortly after fueling. Next time you get the bike hot, slowly unscrew the fuel cap and see if you hear pressure trying to escape the tank. Big Dog used two vents in their fuel tanks:
1.) Gas cap--The stock cap was a 2-piece cap. A white EPA valve was screwed into the bottom (inside tank) side of the cap. It was common for this valve to clog after a couple years and cause vaporlock/fuel starvation. If I remember correctly, this valve was a 1-way valve that only let air in...not out. The good news is it can be simply removed and 99% of the time it will correct any vaporlock issues. However, your gas cap is not stock.
2.) Inside tank vent-- Most models had a metal or rubber hose that runs up to the bottom of the bung inside the fuel tank. This allowed air to escape the tank when pressures rise. If this is your problem, you need to correct it or you will continue to bubble around your gas-cap paint saver.
Hope this helps. Cheers.
Matt