Your calculation doesn't really make sense.  To make the comparison meaningful, you'd want to adjust for both inflation and growth in energy consumption over the past 40 years, which would greatly change the number in constant 2016 dollars.  Also, most of the governments that are today subsidizing energy consumption (Venezuela, for instance) haven't been doing so for 40 years;  neither of us knows how to reduce the subsidy estimate to reflect that.  Finally, did the global energy industry really earn $160 billion US 2016 constant dollars every year for the last 100 years?  Exxon claims 21% of the global market and earned $16B in 2015, so your number seems to be double what would be reasonable for this year, and probably most of the prior years as well.