Their best win was a close game against a three loss West Virginia team. Their loss came to a two loss Ole Miss team.
Meanwhile Oregon's best win was a close game against a one loss MSU team. And their second best win (steamrolling UCLA) was better than Bama's best.
Oh but wait, Alabama shut out a high powered TAMU offense (one that ULM held to 21 points). I'll counter that with the fact that Oregon put up 45 points against a very good Stanford defense. I'm as big of an Oregon critic as they come, but they should definitely be viewed more highly than Alabama.