UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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): August 9, 2004



                          AMERICAN ECOLOGY CORPORATION

             (Exact name of registrant as specified in its charter)

            DELAWARE                    0-11688                 95-3889638
            --------                    -------                 ----------
(State or other jurisdiction of  (Commission File Number)    (I.R.S. Employer
 incorporation or organization)                           Identification Number)

       Lakepointe Centre I,
    300 E. Mallard, Suite 300
           Boise, Idaho                                         83706
(Address of principal executive                                 -----
             offices)                                        (Zip Code)


                                 (208) 331-8400
                                 --------------
              (Registrant's telephone number, including area code)


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Item 5.  Other  Events  and  Regulation  FD

On August 9, 2004, the Company issued a press release entitled "AMERICAN ECOLOGY
ANNOUNCES  SETTLEMENT  OF  NEBRASKA  LOW-LEVEL  RADIOACTIVE WASTE LAWSUIT".  The
press  release, dated August 9, 2004, is attached as Exhibit 99 and incorporated
by  reference  herein.


Exhibit 99    Press Release,  dated August 9,  2004,  entitled "AMERICAN ECOLOGY
              ANNOUNCES  SETTLEMENT  OF  NEBRASKA  LOW-LEVEL  RADIOACTIVE  WASTE
              LAWSUIT"


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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.



                            AMERICAN ECOLOGY CORPORATION
                                   (Registrant)






Date: August 10, 2004       By:  /S/  James R. Baumgardner
                                 -----------------------------------------------
                                 James  R.  Baumgardner
                                 Senior Vice President, Chief Financial Officer,
                                 Secretary  and  Treasurer



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                                    EXHIBIT INDEX


Exhibit       Description
-------       -----------

Exhibit 99    Press Release,  dated  August 9, 2004, entitled "AMERICAN ECOLOGY
              ANNOUNCES  SETTLEMENT  OF  NEBRASKA  LOW-LEVEL  RADIOACTIVE WASTE
              LAWSUIT"


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