[nq:1]The expression "Petered out" means losing strength or intensity. [/nq] No, I believe it comes from the root of teh name - "petros" means "rock" in Greek IIRC and as it says in the New Testament. A vein of valuanble ore peters out when the rock content becomes so great that it's no longer worth mining - at least that's what I've been told.
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