A series of polyurethanes from polyols derived from soybean, corn, saf-flower, sunflower, peanut, olive, canola, and castor oil were prepared, and their thermal stability in air and nitrogen assessed by thermogravimetric analysis, FTIR, and GC/MS. Oil-based polyurethanes generally had better initial thermal stability (below 10% weight loss) in air than the polypropylene oxide-based polyurethane, while the latter was more stable in nitrogen at the initial stage of degradation. If weight loss at a higher conversion is taken as the criterion of stability, then oil polyurethanes have better thermal stability both in air and in nitrogen.