Updated bowl projections: Texas in, Oregon out

Texas reaches the College Football Playoff in these updated bowl projections. Oregon and Ohio State do not.

The College Football Playoff race is tightening up.

A lot can happen over the next three weeks. Several tough matchups present themselves throughout the final two weeks of the regular season, while the conference title games are likely to shake up the rankings as well.

Texas finds itself in an interesting position. The Longhorns likely need Washington to lose at least one game, but also hope the committee values its double-digit win at Alabama heavily.

Oregon and Alabama are on the brink of reaching the playoff, but need to win their conference championship game in order to do so. Will Florida State escape a rivalry matchup vs. Florida and ACC title game against Louisville unscathed?

Here’s a look at CBS Sports’ updated bowl projections this week.