0000007694-98-000074 POS AM 1 19980724 NYSE ASHLAND INC 0000007694 2911 610122250 KY 0930 POS AM 33 333-48267 98671215 1000 ASHLAND DRIVE RUSSELL KY 41169 6063293333 P O BOX 391 ASHLAND KY 41101 ASHLAND OIL INC 19920703 ASHLAND OIL & REFINING CO 19700806 POS AM 1 000000769498000074-001-seq1-pos-am.txt POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3