In that scenario
1. Ohio State
2. FSU
3. Alabama
4. Oregon
Texas has the better win against Bama, however, at the time, Bama was still trying to figure out their QB situation, Texas didn’t have that issue. On a neutral site Bama would win. Now for Oregon(I’m going try to be as unbiased as possible since I’m an Oregon fan) they redeem their loss against Washington in the championship in which they only lost by three points. It wouldn’t be better than the Bama win but because the pac-12 was one of if not the best conference this, that would trump a one loss Texas team, knowing the committee