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, 2003
                                                           -------------



                          The Williams Companies, Inc.
                          ----------------------------
             (Exact name of registrant as specified in its charter)



           Delaware                       1-4174                 73-0569878
----------------------------           ------------         -------------------
(State or other jurisdiction           (Commission           (I.R.S. Employer
     of incorporation)                 File Number)         Identification No.)



    One Williams Center, Tulsa, Oklahoma                        74172
  ----------------------------------------                    ----------
  (Address of principal executive offices)                    (Zip Code)



        Registrant's telephone number, including area code: 918/573-2000
                                                            ------------


                                 Not Applicable
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)





Item 9.  Regulation FD Disclosure.
         -------------------------

           The Williams Companies, Inc. ("Williams") wishes to disclose for
Regulation FD purposes two press releases dated May 19, 2003, furnished herewith
as Exhibits 99.1 and 99.2.

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


                                               THE WILLIAMS COMPANIES, INC.


Date: May 21, 2003                                      /s/ Brian K. Shore
                                               ---------------------------------
                                               Name:    Brian K. Shore
                                               Title:   Corporate Secretary






                                INDEX TO EXHIBITS




EXHIBIT
NUMBER            DESCRIPTION
-------           -----------
               
   99.1           Copy of Williams' press release dated May 19, 2003.

   99.2           Copy of Williams' press release dated May 19, 2003.