UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D. C. 20549
                               ______________

                                  FORM 8-K
                               ______________

                               CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of
                    the Securities Exchange Act of 1934

      Date of report (Date of earliest event reported): May 19, 2006
                               ______________

                                ASHLAND INC.
           (Exact name of registrant as specified in its charter)
                               ______________

                                  Kentucky
               (State or other jurisdiction of incorporation)


        1-32532                                       20-0865835
(Commission File Number)               (I.R.S. Employer Identification No.)

50 E. RiverCenter Boulevard, Covington, Kentucky                   41011
   (Address of principal executive offices)                      (Zip Code)

      P.O. Box 391, Covington, Kentucky                          41012-0391
             (Mailing Address)                                   (Zip Code)

     Registrant's telephone number, including area code (859) 815-3333

Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

[ ]    Written communications pursuant to Rule 425 under the Securities Act
       (17 CFR 230.425)

[ ]    Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act
       (17 CFR 240.14a-12)

[ ]    Pre-commencement  communications pursuant to Rule 14d-2(b) under the
       Exchange Act (17 CFR 240.14d-2(b))

[ ]    Pre-commencement  communications pursuant to Rule 13e-4(c) under the
       Exchange Act (17 CFR 240.13e-4(c))


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Item 7.01. Regulation FD Disclosure

     On May 19, 2006,  Ashland Inc. will include the information  contained
in  exhibits  99.1-99.16,  and graphic  images  thereof,  on the  "Investor
Relations"  section  of  its  website  located  at  www.ashland.com,  or in
employee communications.

     Ashland is furnishing the  information  pursuant to the Securities and
Exchange  Commission's ("SEC") Regulation FD. The information  contained in
exhibits  99.1-99.16  is summary  information  concerning  key  metrics for
Ashland's  divisional  operations  and is intended to be  considered in the
context of  Ashland's  SEC  filings  and other  public  announcements  that
Ashland may make from time to time.

     By filing this report on Form 8-K,  Ashland  makes no  admission as to
the  materiality of any  information in this report.  Ashland  reserves the
right to discontinue the availability of the data in the attached exhibits.


                                    -2-



Item 9.01. Financial Statements and Exhibits

   (d)     Exhibits


99.1       Website  data  concerning  Ashland   Distribution's   sales  per
           shipping day

99.2       Website data concerning Ashland Distribution's revenue

99.3       Website data concerning Ashland Distribution's gross profit

99.4       Website data concerning  Ashland  Specialty  Chemical's  average
           sales per shipping day

99.5       Website data concerning Ashland Specialty Chemical's revenue

99.6       Website  data  concerning  Ashland  Specialty  Chemical's  gross
           profit

99.7       Website data concerning Valvoline's premium oil sales

99.8       Website data concerning Valvoline's revenue

99.9       Website data  concerning  Valvoline  Instant Oil Change's twelve
           month rolling average sales

99.10      Website data  concerning  APAC's  rolling  twelve month contract
           awards

99.11      Website data concerning APAC's lost time incident rates and OSHA
           recordable incident rates

99.12      Website data concerning  APAC's monthly revenue and twelve month
           rolling average revenue

99.13      Website data concerning APAC's backlog

99.14      Website data concerning APAC's asphalt mix production

99.15      Website data concerning U.S. Gulf Coast Barge Prices

99.16      Website data concerning  APAC's  14-state  weighted diesel price
           index


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                                 SIGNATURES

     Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.


                                                ASHLAND INC.
                                -------------------------------------------
                                                (Registrant)

Date:  May 19, 2006              /s/ J. Marvin Quin
                                -------------------------------------------
                                 J. Marvin Quin
                                 Senior Vice President
                                 and Chief Financial Officer


                                    -4-




                               EXHIBIT INDEX

99.1   Website data concerning  Ashland  Distribution's  sales per shipping
       day

99.2   Website data concerning Ashland Distribution's revenue

99.3   Website data concerning Ashland Distribution's gross profit

99.4   Website data concerning  Ashland Specialty  Chemical's average sales
       per shipping day

99.5   Website data concerning Ashland Specialty Chemical's revenue

99.6   Website data concerning Ashland Specialty Chemical's gross profit

99.7   Website data concerning Valvoline's premium oil sales

99.8   Website data concerning Valvoline's revenue

99.9   Website data concerning  Valvoline Instant Oil Change's twelve month
       rolling average sales

99.10  Website data concerning APAC's rolling twelve month contract awards

99.11  Website data  concerning  APAC's lost time  incident  rates and OSHA
       recordable incident rates

99.12  Website  data  concerning  APAC's  monthly  revenue and twelve month
       rolling average revenue

99.13  Website data concerning APAC's backlog

99.14  Website data concerning APAC's asphalt mix production

99.15  Website data concerning U.S. Gulf Coast Barge Prices

99.16  Website data concerning APAC's 14-state weighted diesel price index


                                    -5-