NEW YORK—The initial news from the BCS standings looked good for Texas. The long-range forecast, however, favors Oklahoma.

The Longhorns stayed ahead of the Sooners on Sunday—but not by much—and moved into the coveted second spot in the standings, thanks to a better computer rating.

The Sooners surged in the standings on the strength of a 65-21 victory against Texas Tech, which dropped to seventh place.

“This was a good week for Oklahoma,” said Jerry Palm, an independent BCS analyst and blogger, in a telephone interview. “It wasn’t really to be expected that...

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