Petered is a stage of next level pissery in which a person is so drunk that the pupils dilate to extremes, the user cannot speak and only has use of his most basic functions.
1. When someone cuts you off when you are speaking because you are taking too long to say something.
2. Being told to get to the point because you are speaking too slow.
3. Verbose speaking leads to being hurried up.
Hank was petered during his presentation because it took him 15 minutes to finish a sentence.
A polite way of telling someone that things are more difficult because someone got in your way. (Peter being a slang term used to refer to male genitalia; screwed)
To me the first note of warning came from an Americangentleman, who told me that the same thing had been a great "boom" in the States, but that it had "petered out" and was not now believed except in very unsophisticated country places.
The "Georgia Magnet": A Statce to Mr. H. W. Schneider at Barrow. The Manchester Guardian. November 23, 1891. Page 8. Viewed in ProQuest Historical Newspapers.