We can lower CO2 emissions and go greener in all manner of ways, but we can't 'eliminate the oil industry'.
Oil is used for so many products.
Humankind, particularly in the West, has made so much progress, although we certainly need to lower emissions and pollution levels.
The only way to eliminate the oil industry entirely and 'live in harmony with nature' would be to abandon all the progress we've made and go back to being hunter-gatherers.
Billions of people would die, but there'd be 'balance', lol.