Exhibit 24.1 POWER OF ATTORNEY Each of the undersigned, being a director and/or officer of THE WILLIAMS COMPANIES, INC., a Delaware corporation ("Williams"), hereby constitutes and appoints JAMES J. BENDER, BRIAN K. SHORE, TAMI L. CARSON, AND RICHARD M. CARSON and each of them, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead in any and all capacities, to sign one or more registration statements on Form S-4 or other applicable form in connection with the registration under the Securities Act of 1933, as amended (the "Securities Act"), of shares of Williams' common stock, $1.00 par value per share, upon the conversion of up to Three Hundred Million Dollars ($300,000,000) of 5.50% Junior Subordinated Convertible Debentures due 2033, any and all amendments (including post-effective amendments) to such registration statement, and any registration statement related to the offering contemplated by such registration statement that is to be effective upon filing pursuant to Rule 462(b) under the Securities Act and to file the same, with all exhibits thereto and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done to the end that such registration statement or registration statements shall comply with the Securities Act and the applicable rules and regulations adopted or issued pursuant thereto, as fully and to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them or their substitute or resubstitute, may lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, the undersigned have executed this instrument, all as of the 16th day of November, 2005. SIGNATURE TITLE DATE --------- ----- ---- President, Chief Executive Officer and November 16, 2005 Chairman of the Board of Directors /s/ Steven J. Malcolm (Principal Executive Officer) - ------------------------------------ STEVEN J. MALCOLM Senior Vice President and Chief Financial November 16, 2005 /s/ Donald R. Chappel Officer (Principal Financial Officer) - ------------------------------------ DONALD R. CHAPPEL November 16, 2005 /s/ Ted T. Timmermans Controller (Principal Accounting Officer) - ------------------------------------ TED T. TIMMERMANS November 16, 2005 /s/ Irl Engelhardt Director - ------------------------------------ IRL ENGELHARDT November 16, 2005 /s/ William R. Granberry Director - ------------------------------------ WILLIAM R. GRANBERRY November 16, 2005 /s/ William E. Green Director - ------------------------------------ WILLIAM E. GREEN November 16, 2005 /s/ Juanita H. Hinshaw Director - ------------------------------------ JUANITA H. HINSHAW November 16, 2005 /s/ W.R. Howell Director - ------------------------------------ W.R. HOWELL November 16, 2005 /s/ Charles M. Lillis Director - ------------------------------------ CHARLES M. LILLIS November 16, 2005 /s/ George A. Lorch Director - ------------------------------------ GEORGE A. LORCH November 16, 2005 /s/ William G. Lowrie Director - ------------------------------------ WILLIAM G. LOWRIE November 16, 2005 /s/ Frank T. MacInnis Director - ------------------------------------ FRANK T. MACINNIS November 16, 2005 /s/ Janice D. Stoney Director - ------------------------------------ JANICE D. STONEY 2 November 16, 2005 /s/ Joseph H. Williams Director - ------------------------------------ JOSEPH H. WILLIAMS ATTEST: /s/ Brian K. Shore - --------------------------------------- Brian K. Shore Secretary 3